LME base metals` prices rise on Monday
Source: www.chinamining.org Citation: Xinhua Date: August 12, 2015
The base metals prices on the London Metal Exchange (LME) closed higher on Monday.
Copper price rose because of the supply shortage.
Chile-owned copper giant Codelco said striking workers damaged its Salvador mine, and talks to end a nearly three-week strike came to a halt.
Besides, reports said heavy rains in northern Chile forced some mines to stop operations.
The three-month unofficial copper price increased 70 U.S. dollars, or 1.35 percent, to 5,257 U.S. dollars per tonne.
The three-month unofficial aluminium price increased 11.25 U.S. dollars, or 0.70 percent, to 1,610.25 U.S. dollars a tonne.
The three-month unofficial lead price increased 38.5 U.S. dollars, or 2.25 percent, to 1,748 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price increased 19 U.S. dollars, or 1.01 percent, to 1,894 U.S. dollars a tonne.
The three-month unofficial nickel price increased 252.5 U.S. dollars, or 2.31 percent, to 11,165 U.S. dollars a tonne.
The three-month unofficial tin price increased 325 U.S. dollars, or 2.12 percent, to 15,650 U.S. dollars a tonne.
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