Sun, Apr 21, 2013 - Page 15 News List

Commodities slump on weak China data

CHINA’S SHADOW:Lower-than-expected first-quarter GDP growth in the world’s No. 2 economy sparked concerns over a slowdown in demand for raw materials


By Friday on the London Metal Exchange, copper for delivery in three months slid to US$6,921 a tonne from US$7,420 a week earlier.

Three-month aluminum grew to US$1,885 a tonne from US$1,858.

Three-month lead declined to US$2,001 a tonne from US$2,039.

Three-month tin dropped to US$20,760 a tonne from US$21,950.

Three-month nickel reversed to US$15,221 a tonne from US$15,850.

Three-month zinc climbed to US$1,877 a tonne from US$1,868.

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