Base metal prices at LME continued to correct last week as investors confidence was shaken by weak data from US and China.
London Metal Exchange Rates
Cash Buyer
| Product | 09-Jun | 16-Jun | Change | % |
| Zinc | 2259 | 2193 | -66 | -3% |
| Nickel | 22500 | 21710 | -790 | -4% |
| Tin | 25645 | 24740 | -905 | -4% |
| Aluminium | 2625 | 2515 | -110 | -4% |
| Copper | 8950 | 9011 | 61 | 1% |
Change is on June 2nd as compared to 26th May 2011
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 09-Jun | 13-Jun | 14-Jun | 15-Jun | 16-Jun |
| 2259 | 2227 | 2247 | 2254 | 2193 |
In USD per tonne
| Date | Rate | Period | Change |
| 16-Jun | 2193 | | |
| 09-Jun | 2259 | WoW | -2.90% |
| 16-May | 2099 | MoM | 4.50% |
| 16-Mar | 2301 | QoQ | -4.67% |
| 16-Jun'10 | 1778 | YoY | 23.38% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 09-Jun | 13-Jun | 14-Jun | 15-Jun | 16-Jun |
| 22500 | 22245 | 22220 | 22225 | 21710 |
In USD per tonne
| Date | Rate | Period | Change |
| 16-Jun | 21710 | | |
| 09-Jun | 22500 | WoW | -3.51% |
| 16-May | 24075 | MoM | -9.82% |
| 16-Mar | 25385 | QoQ | -14.48% |
| 16-Jun'10 | 19550 | YoY | 11.05% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 09-Jun | 13-Jun | 14-Jun | 15-Jun | 16-Jun |
| 25645 | 24575 | 25340 | 25500 | 24740 |
In USD per tonne
| Date | Rate | Period | Change |
| 16-Jun | 24740 | | |
| 09-Jun | 25645 | WoW | -3.53% |
| 16-May | 27450 | MoM | -9.87% |
| 16-Mar | 28975 | QoQ | -14.62% |
| 16-Jun'10 | 17675 | YoY | 39.97% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 09-Jun | 13-Jun | 14-Jun | 15-Jun | 16-Jun |
| 2625 | 2560 | 2575 | 2578 | 2515 |
In USD per tonne
| Date | Rate | Period | Change |
| 16-Jun | 2515 | | |
| 09-Jun | 2625 | WoW | -4.19% |
| 16-May | 2575 | MoM | -2.33% |
| 16-Mar | 2467 | QoQ | 1.95% |
| 16-Jun'10 | 1967 | YoY | 27.86% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 09-Jun | 13-Jun | 14-Jun | 15-Jun | 16-Jun |
| 8950 | 8895 | 9009 | 9147 | 9011 |
In USD per tonne
| Date | Rate | Period | Change |
| 16-Jun | 9011 | | |
| 09-Jun | 8950 | WoW | 0.68% |
| 16-May | 8709 | MoM | 3.47% |
| 16-Mar | 9354 | QoQ | -3.67% |
| 16-Jun'10 | 6592 | YoY | 36.70% |
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.
Products covered
1. Input materials - Iron ore, scrap, sponge iron, pig iron pencil ingot, billets and blooms
2. Long products - Rebar, wire rod, angle, channel and joists
3. Flat products - Narrow plates, wide plates, HR, CR and galvanized
4. Others - Pipes
Subscription charges for 12 months access
| Currency | Single | 2-5 | 6-12 | 13-25 | 26-40 | 40-60 |
| INR | 75,000 | 150,000 | 250,000 | 500,000 | 750,000 | 1,000,000 |
| USD | 1,900 | 3,800 | 6,300 | 12,600 | 19,000 | 25,000 |
How to subscribe
1. Register at www.steelprices-india.com and pay on line or ask for invoice
2. Send mail to admin@steelprices-india.com.
3. Call at 0091-124-3007891/2/3
(Sourced from www.steelprices-india.com)
