London metals, miners fly

London metals, miners fly


MINERS in London continued this week’s impressive run overnight as metals rose.

Glencore jumped by 5.5% to close over £2 for the first time since July 2015. The stock is up by nearly 10% this week.

Nickel jumped 3% to $US10,615 per tonne, around a six-week high, after it was reported that the Philippines would close another 12 mines, mostly in nickel.

Commodities Table

• LME Indicative
• Comex
• Nymex
• MB Iron Ore
• Energy
• Currencies
• Indices

	Commodity	Current (USD)	Change	%	Previous
1	LME Indicative
2	Copper - Cash	4835	95.25	2.01	4739.75
3	Copper - 3Mth[/B]	4853	90	1.89	4763
4	Lead - Cash	1941.25	14.25	0.74	1927
5	Lead - 3Mth	1950	14.5	0.75	1935.5
6	Zinc - Cash	2284.25	24	1.06	2260.25
7	Zinc - 3Mth	2294	21	0.92	2273
8	Nickel - Cash	10615.5	314.5	3.05	10301
9	Nickel - 3Mth[/B]	10660	310	3	10350
10	Tin - Cash	19496	185	0.96	19311
11	Tin - 3Mth	19485	185	0.96	19300
12	Aluminium - Cash	1626.75	52.75	3.35	1574
13	Aluminium - 3Mth	1633	49	3.09	1584