Base metals at LME posted major recovery last week on signs of improved demand for the industrial metal from China and the US highlighting market's belief that demand is going to be significantly improved in 2013.
London Metal Exchange Rates
Cash Buyer
| Product | 22-Nov | 29-Nov | Change | % |
| Zinc | 1898 | 2006 | 108 | 6% |
| Nickel | 16680 | 17200 | 520 | 3% |
| Tin | 20550 | 21605 | 1055 | 5% |
| Aluminium | 1915 | 2045 | 130 | 7% |
| Copper | 7716 | 7850 | 134 | 2% |
In USD per tonne
1. Zinc
London Metal Exchange Rates
Cash Buyer
| 22-Nov | 26-Nov | 27-Nov | 28-Nov | 29-Nov |
| 1898 | 1967 | 1971 | 1956 | 2006 |
In USD per tonne
| Date | Rate | Period | Change |
| 29-Nov | 2006 | ||
| 22-Nov | 1898 | WoW | 5.69% |
| 29-Oct | 1784 | MoM | 12.42% |
| 29-Aug | 1834 | QoQ | 9.35% |
| 29-Nov'11 | 1935 | YoY | 3.64% |
In USD per tonne
2. Nickel
London Metal Exchange Rates
Cash Buyer
| 22-Nov | 26-Nov | 27-Nov | 28-Nov | 29-Nov |
| 16680 | 16670 | 16665 | 16875 | 17200 |
In USD per tonne
| Date | Rate | Period | Change |
| 29-Nov | 17200 | ||
| 22-Nov | 16680 | WoW | 3.12% |
| 29-Oct | 15865 | MoM | 8.41% |
| 29-Aug | 16230 | QoQ | 5.98% |
| 29-Nov'11 | 16975 | YoY | 1.33% |
In USD per tonne
3. Tin
London Metal Exchange Rates
Cash Buyer
| 22-Nov | 26-Nov | 27-Nov | 28-Nov | 29-Nov |
| 20550 | 20800 | 21130 | 21240 | 21605 |
In USD per tonne
| Date | Rate | Period | Change |
| 29-Nov | 21605 | ||
| 22-Nov | 20550 | WoW | 5.13% |
| 29-Oct | 19840 | MoM | 8.90% |
| 29-Aug | 20250 | QoQ | 6.69% |
| 29-Nov'11 | 20450 | YoY | 5.65% |
In USD per tonne
4. Aluminium
London Metal Exchange Rates
Cash Buyer
| 22-Nov | 26-Nov | 27-Nov | 28-Nov | 29-Nov |
| 1915 | 1976 | 2003 | 1992 | 2045 |
In USD per tonne
| Date | Rate | Period | Change |
| 29-Nov | 2045 | ||
| 22-Nov | 1915 | WoW | 6.79% |
| 29-Oct | 1873 | MoM | 9.18% |
| 29-Aug | 1872 | QoQ | 9.24% |
| 29-Nov'11 | 1990 | YoY | 2.76% |
In USD per tonne
5. Copper
London Metal Exchange Rates
Cash Buyer
| 22-Nov | 26-Nov | 27-Nov | 28-Nov | 29-Nov |
| 7716 | 7770 | 7796 | 7719 | 7850 |
In USD per tonne
| Date | Rate | Period | Change |
| 29-Nov | 7850 | ||
| 22-Nov | 7716 | WoW | 1.74% |
| 29-Oct | 7719 | MoM | 1.69% |
| 29-Aug | 7524 | QoQ | 4.33% |
| 29-Nov'11 | 7448 | YoY | 5.40% |
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
2. Long products – Rebar, wire rod, angle, channel and joists
3. Flat products – Narrow plates, wide plates, HR, CR and galvanized
4. Others – Pipes