LME base metal prices drop on Monday
Base metal prices on the LME all dropped this Monday amid selling pressure. Tin price nosedived by US$675/ton to US$12,325/ton, as investors are worrying about that China’s economy will slow down. Nickel and Aluminum prices all saw declines.
Nickel price dropped by US$245/ton to US$10,555/ton
Aluminum price decreased by US$74/ton to US$2,131/ton.
Copper price also dropped by US$90/ton to US$4,720/ton.
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