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LME Prices of most base metals fell on Thursday

LME Base Metals

LME Prices of most base metals fell on Thursday after data pointed to a slowing of economic growth in China, the biggest metals consumer. Benchmark copper on the London Metal Exchange (LME) closed down 1.1 percent at $7,177 a tonne. China’s economy is finally starting to cool under the weight of a multi-year crackdown on riskier lending that is pushing up borrowing costs for companies and consumers, with data on Thursday pointing to a broad slowdown in activity in May.U.S. President Trump has made up his mind to impose “pretty significant” tariffs on Chinese goods, an administration official said on Thursday, as Beijing warned that it was ready to respond if Washington chose to ratchet up trade tensions. The U.S. dollar rose more than a penny against a basket of major currencies as the euro cratered, and U.S. stocks closed higher on Thursday. LME Aluminium ended down 0.8 percent at $2,256, zinc closed 0.9 percent lower at $3,187, lead fell 1.3 percent to $2,453 .

Copper Base Metals

 

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LME Base Metals Hindi

चीन में आर्थिक विकास में धीमी गति से संकेत देने के बाद डेटा की सबसे Base Metals की LME कीमतें गुरुवार को गिर गईं, सबसे बड़ी धातु उपभोक्ता। लंदन मेटल एक्सचेंज (LME) पर बेंचमार्क तांबे 1.1 प्रतिशत गिरकर 7,177 डॉलर प्रति टन पर बंद हुआ। चीन की अर्थव्यवस्था अंततः खतरनाक उधार देने पर बहु-वर्षीय क्रैकडाउन के वजन के तहत ठंडा हो रही है जो कि कंपनियों और उपभोक्ताओं के लिए उधार लेने की लागत को बढ़ा रही है, गुरुवार को डेटा के साथ मई.यू.एस. में गतिविधि में व्यापक मंदी की ओर इशारा करते हुए डेटा के साथ। गुरुवार को एक प्रशासनिक अधिकारी ने गुरुवार को कहा कि राष्ट्रपति ट्रम्प ने चीनी सामानों पर “बहुत महत्वपूर्ण” टैरिफ लगाने के लिए अपना मन बना लिया है, क्योंकि बीजिंग ने चेतावनी दी थी कि अगर वाशिंगटन ने व्यापार तनाव को खत्म करने का फैसला किया तो वह जवाब देने के लिए तैयार था। यूरो डॉलर के रूप में प्रमुख मुद्राओं की एक टोकरी के मुकाबले अमेरिकी डॉलर में एक डॉलर से ज्यादा की बढ़ोतरी हुई, और अमेरिकी शेयर गुरुवार को अधिक बंद हो गए। LME एल्यूमिनियम 0.8 प्रतिशत गिरकर 2,256 डॉलर पर बंद हुआ, जस्ता 0.9 प्रतिशत कम 3,187 डॉलर पर बंद हुआ, लीड 1.3 प्रतिशत गिरकर 2,453 डॉलर हो गई। ।

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