Metal Investments

Commodities

21. April 2008

Oil is just below $117 a barrel this morning with supply disruptions in Nigeria and negative comments by OPEC that it will not increase production. Other commodities are steady this morning with Copper trading at $8550 supported by news on strike from Chile and lower inventories in LME. Gold is at $916 and dollar is 1.5860 against Euro.

LME Metals 3 Month Prices, Monday 10:52am BST

Bid Offer
Copper $8550 $8555
Aluminium $3066 $3074
Lead $2826 $2846
Zinc $2260 $2265
Nickel $28850 $28995
Tin $21750 $21450