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Finwire

Broad gains among base metals

Base metals moved higher on Friday.

At around 15.11, the three-month copper futures contract was up 0.8 percent at 14,455 dollars per tonne

while zinc futures rose 1.1 percent to 3,703 dollars.

Nickel futures rose 1.0 percent to 15,375 dollars.

Lead futures increased 0.5 percent to 1,891 dollars.

Aluminium futures rose 0.6 percent to 3,005 dollars.

Copper stocks at the LME fell by 1,175 tonnes today to 225,425 tonnes.

Zinc stocks rose by 7,225 tonnes to 158,275 tonnes.

Base metals
(USD/tonne)Price todayDaily change, %Copper, 3 months14,4550.8Zinc, 3 months3,7031.1Nickel, 3 months15,3751.0Lead, 3 months1,8910.5Aluminium, 3 months3,0050.6Tin, 3 months50,7101.2LME stocks (tonnes)Copper225,425-0.5Zinc158,2754.8Nickel279,990-0.7Lead339,275-0.2Aluminium237,875-0.1Tin4,110-2.3

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