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Monday Market Monitor - Metals (WEEK 40) - Chips down
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Monday, 05 Oct 2009
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Industrial metals extended their decline in London after the US economy eliminated more jobs than expected in September.

Weaker than expected September manufacturing data from the United States, the world's largest economy, triggered the sell off on Thursday

US auto sales, which tumbled by 23% in September as showrooms emptied after the government funded boom from the cash for clunkers program, further undermined sentiment.

London Metal Exchange Rates
Cash Buyer

Product24-Sep01-OctChange%
Zinc18891915261%
Nickel1760017560-400%
Tin1514515240951%
Aluminium18351857221%
Copper60896081-80%


Change is on September 10th as compared to September 3rd 2009
In USD per tonne

1. Zinc

London Metal Exchange Rates
Cash Buyer

24-Sep28-Sep29-Sep30-Sep01-Oct
18891837186619131915


In USD per tonne

DateRatePeriodChange
01-Oct1915
24-Sep1889WoW1.38%
01-Sep1819MoM5.28%
01-Jul1544QoQ24.03%
01-Oct'081647YoY16.31%



2. Nickel

London Metal Exchange Rates
Cash Buyer

24-Sep28-Sep29-Sep30-Sep01-Oct
1760016475168901733017560


In USD per tonne

DateRatePeriodChange
01-Oct17560
24-Sep17600WoW-0.23%
01-Sep18525MoM-5.21%
01-Jul15770QoQ11.35%
01-Oct'0815950YoY10.09%



3. Tin

London Metal Exchange Rates
Cash Buyer

24-Sep28-Sep29-Sep30-Sep01-Oct
1514514880151001510015240


In USD per tonne

DateRatePeriodChange
01-Oct15240
24-Sep15145WoW0.63%
01-Sep14100MoM8.09%
01-Jul14450QoQ5.47%
01-Oct'0817600YoY-13.41%



4. Aluminium

London Metal Exchange Rates
Cash Buyer

24-Sep28-Sep29-Sep30-Sep01-Oct
18351758178218501857


In USD per tonne

DateRatePeriodChange
01-Oct1857
24-Sep1835WoW1.20%
01-Sep1830MoM1.48%
01-Jul1610QoQ15.38%
01-Oct'082461YoY-24.53%



5. Copper

Copper for three month delivery fell to USD 5,856.50 per tonne on Friday on LME.

London Metal Exchange Rates
Cash Buyer

24-Sep28-Sep29-Sep30-Sep01-Oct
60895895593461356081


In USD per tonne

DateRatePeriodChange
01-Oct6081
24-Sep6089WoW-0.13%
01-Sep6240MoM-2.55%
01-Jul5041QoQ20.63%
01-Oct'086378YoY-4.66%


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(Sourced from www.steelprices-india.com)

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