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17 March 2010


Copper futures reach $7,534/mt

Source: Reuters

LME copper futures hit a one-week high of $7,547.25 a tonne, before closing at $7,534 a tonne in rings from $7,400 on Tuesday. After the close, copper climbed to $7,550.50.

Aluminium hit a two-month high of $2,303 a tonne. It closed at $2,295 a tonne from $2,258 on Tuesday.

Zinc, used to galvanize steel, was at $2,345 a tonne from $2,307 and battery material lead traded at $2,255 a tonne from $2,220.

Tin traded at $17,750 a tonne from Tuesday's last bid at $17,550 and stainless steel ingredient nickel was at $22,250 from $21,875.

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