Base metals at LME exhibited loss of confidence last week driven by European debt crisis and signals of weakening demand in China.
London Metal Exchange Rates
Cash Buyer
| Product | 13-Oct | 20-Oct | Change | % |
| Zinc | 1889 | 1832 | -58 | -3% |
| Nickel | 18470 | 18930 | 460 | 2% |
| Tin | 22490 | 21550 | -940 | -4% |
| Aluminium | 2178 | 2171 | -7 | 0% |
| Copper | 7328 | 7305 | -23 | 0% |
Change is on Oct 20th as compared to 13th Oct 2011
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 13-Oct | 17-Oct | 18-Oct | 19-Oct | 20-Oct |
| 1889 | 1900 | 1832 | 1832 | 1832 |
In USD per tonne
| Date | Rate | Period | Change |
| 20-Oct | 1832 | | |
| 13-Oct | 1889 | WoW | -3.04% |
| 20-Sep | 2088 | MoM | -12.28% |
| 20-Jul | 2432 | QoQ | -24.69% |
| 20-Oct'10 | 2383 | YoY | -23.14% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 13-Oct | 17-Oct | 18-Oct | 19-Oct | 20-Oct |
| 18470 | 18750 | 18575 | 18930 | 18930 |
In USD per tonne
| Date | Rate | Period | Change |
| 20-Oct | 18930 | | |
| 13-Oct | 18470 | WoW | 2.49% |
| 20-Sep | 21095 | MoM | -10.26% |
| 20-Jul | 23900 | QoQ | -20.79% |
| 20-Oct'10 | 23665 | YoY | -20.01% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 13-Oct | 17-Oct | 18-Oct | 19-Oct | 20-Oct |
| 22490 | 21950 | 20600 | 21550 | 21550 |
In USD per tonne
| Date | Rate | Period | Change |
| 20-Oct | 21550 | | |
| 13-Oct | 22490 | WoW | -4.18% |
| 20-Sep | 23120 | MoM | -6.79% |
| 20-Jul | 27890 | QoQ | -22.73% |
| 20-Oct'10 | 26400 | YoY | -18.37% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 13-Oct | 17-Oct | 18-Oct | 19-Oct | 20-Oct |
| 2178 | 2208 | 2157 | 2171 | 2171 |
In USD per tonne
| Date | Rate | Period | Change |
| 20-Oct | 2171 | | |
| 13-Oct | 2178 | WoW | -0.30% |
| 20-Sep | 2304 | MoM | -5.75% |
| 20-Jul | 2514 | QoQ | -13.64% |
| 20-Oct'10 | 2323 | YoY | -6.54% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 13-Oct | 17-Oct | 18-Oct | 19-Oct | 20-Oct |
| 7328 | 7565 | 7271 | 7305 | 7305 |
In USD per tonne
| Date | Rate | Period | Change |
| 20-Oct | 7305 | | |
| 13-Oct | 7328 | WoW | -0.31% |
| 20-Sep | 8397 | MoM | -13.00% |
| 20-Jul | 9765 | QoQ | -25.19% |
| 20-Oct'10 | 8340 | YoY | -12.41% |
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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(Sourced from www.steelprices-india.com)
