Base metal prices, except tin, remained in negative mood last week on LME as worries mounted about a possible Greek exit from the euro zone and on global economic growth.
Service and manufacturing sectors in the euro zone contracted for the ninth month in a row in May, while US manufacturing activity slowed and China's factories faltered, deepening worries about the global economy.
London Metal Exchange Rates
Cash Buyer
| Product | 17-May | 24-May | Change | % |
| Zinc | 1883 | 1867 | -16 | -1% |
| Nickel | 16900 | 16910 | 10 | 0% |
| Tin | 19445 | 19650 | 205 | 1% |
| Aluminium | 1987 | 1968 | -19 | -1% |
| Copper | 7707 | 7660 | -48 | -1% |
Change is on May 24th as compared to 17th May 2012
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 17-May | 21-May | 22-May | 23-May | 24-May |
| 1883 | 1902 | 1899 | 1872 | 1867 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-May | 1867 | | |
| 17-May | 1883 | WoW | -0.85% |
| 24-Apr | 1988 | MoM | -6.09% |
| 24-Feb | 2036 | QoQ | -8.30% |
| 24-May'11 | 2425 | YoY | -23.01% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 17-May | 21-May | 22-May | 23-May | 24-May |
| 16900 | 16770 | 17025 | 16875 | 16910 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-May | 16910 | | |
| 17-May | 16900 | WoW | 0.06% |
| 24-Apr | 17595 | MoM | -3.89% |
| 24-Feb | 19975 | QoQ | -15.34% |
| 24-May'11 | 27675 | YoY | -38.90% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 17-May | 21-May | 22-May | 23-May | 24-May |
| 19445 | 19400 | 19455 | 19300 | 19650 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-May | 19650 | | |
| 17-May | 19445 | WoW | 1.05% |
| 24-Apr | 21385 | MoM | -8.11% |
| 24-Feb | 24030 | QoQ | -18.23% |
| 24-May'11 | 31145 | YoY | -36.91% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 17-May | 21-May | 22-May | 23-May | 24-May |
| 1987 | 2004 | 1996 | 1975 | 1968 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-May | 1968 | | |
| 17-May | 1987 | WoW | -0.93% |
| 24-Apr | 2029 | MoM | -3.01% |
| 24-Feb | 2229 | QoQ | -11.69% |
| 24-May'11 | 2491 | YoY | -20.98% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 17-May | 21-May | 22-May | 23-May | 24-May |
| 7707 | 7800 | 7770 | 7630 | 7660 |
In USD per tonne
| Date | Rate | Period | Change |
| 24-May | 7660 | | |
| 17-May | 7707 | WoW | -0.62% |
| 24-Apr | 8194 | MoM | -6.52% |
| 24-Feb | 8407 | QoQ | -8.89% |
| 24-May'11 | 9440 | YoY | -18.86% |
In USD per tonne
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Products covered
1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms
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Source - Steel Price India
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