
The prices of base metals at LME exhibited weak trends last week and except for zinc correction was seen across board as weak Chinese import data and a broad-based pullback in commodity markets pressured prices..
A stronger dollar added downward pressure on base metal prices.
London Metal Exchange Rates
Cash Buyer
| Product | 02-Jun | 09-Jun | Change | % |
| Zinc | 2226 | 2259 | 33 | 1% |
| Nickel | 22950 | 22500 | -450 | -2% |
| Tin | 27350 | 25645 | -1705 | -6% |
| Aluminium | 2631 | 2625 | -6 | 0% |
| Copper | 9037 | 8950 | -87 | -1% |
Change is on June 2nd as compared to 26th May 2011
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 02-Jun | 06-Jun | 07-Jun | 08-Jun | 09-Jun |
| 2226 | 2252 | 2251 | 2240 | 2259 |
In USD per tonne
| Date | Rate | Period | Change |
| 09-Jun | 2259 | | |
| 02-Jun | 2226 | WoW | 1.48% |
| 09-May | 2164 | MoM | 4.37% |
| 09-Mar | 2342 | QoQ | -3.57% |
| 09-Jun'10 | 1738 | YoY | 29.95% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 02-Jun | 06-Jun | 07-Jun | 08-Jun | 09-Jun |
| 22950 | 22605 | 22580 | 22450 | 22500 |
In USD per tonne
| Date | Rate | Period | Change |
| 09-Jun | 22500 | | |
| 02-Jun | 22950 | WoW | -1.96% |
| 09-May | 24770 | MoM | -9.16% |
| 09-Mar | 27050 | QoQ | -16.82% |
| 09-Jun'10 | 18775 | YoY | 19.84% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 02-Jun | 06-Jun | 07-Jun | 08-Jun | 09-Jun |
| 27350 | 26000 | 25800 | 25525 | 25645 |
In USD per tonne
| Date | Rate | Period | Change |
| 09-Jun | 25645 | | |
| 02-Jun | 27350 | WoW | -6.23% |
| 09-May | 30045 | MoM | -14.64% |
| 09-Mar | 30805 | QoQ | -16.75% |
| 09-Jun'10 | 16390 | YoY | 56.47% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 02-Jun | 06-Jun | 07-Jun | 08-Jun | 09-Jun |
| 2631 | 2627 | 2664 | 2645 | 2625 |
In USD per tonne
| Date | Rate | Period | Change |
| 09-Jun | 2625 | | |
| 02-Jun | 2631 | WoW | -0.23% |
| 09-May | 2619 | MoM | 0.23% |
| 09-Mar | 2579 | QoQ | 1.78% |
| 09-Jun'10 | 1911 | YoY | 37.40% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 02-Jun | 06-Jun | 07-Jun | 08-Jun | 09-Jun |
| 9037 | 9097 | 9092 | 8970 | 8950 |
In USD per tonne
| Date | Rate | Period | Change |
| 09-Jun | 8950 | | |
| 02-Jun | 9037 | WoW | -0.96% |
| 09-May | 8906 | MoM | 0.49% |
| 09-Mar | 9609 | QoQ | -6.86% |
| 09-Jun'10 | 6295 | YoY | 42.18% |
In USD per tonne
www.steelprices-india.com is a comprehensive portal that provides domestic pricing information for benchmark steel products in each category at select location in India on a regular basis 5 days a week and international price levels on a weekly basis.
As steel in each category comes in hundreds of grades shapes and sizes, we have taken benchmark products in each category at select locations to cover the entire basket of garden variety of steel products including input material for steel making and processing.
Products covered
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4. Others - Pipes
The prices are displayed on weekly and monthly basis. They also have search facilities to access old data from the archives. Graphical representation of trends and comparison of price movement 2 or more products is also available.
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Other features include converters for weight, length etc, glossary and advanced search functions. The benchmark product price information is supplemented by global pricing news.
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