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LME metals markets quiet with only small changes

Date: Fri, 29 Jul 2011 | Author: Paul Sanderson

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Recent volatility on the LME seems to have quietened down for the time being.

Three month copper closed at $9,769 (£5,984) on Thursday from $9,760 (£5,966) on Wednesday.

Aluminium finished at $2,632 (£1,612) from $2,647 (£1,618) a day earlier.

Lead settled at $2,694 (£1,650) compared to $2,715 (£1,660) on Wednesday. While nickel ended the day at £24,400 (£14,946) up from $24,140 (£14,756) the day before.

Tin finished at $28,900 (£17,703) from $28,700 (17,544) on Wednesday. Zinc was at $2,505 (£1,534) from $2,516 (£1,537) a day earlier.

Steel was unchanged on $590 (£361).            

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