Zinc Drops in London, Reversing Gain; Copper Pares Advance -Shanghai Metals Market

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Zinc Drops in London, Reversing Gain; Copper Pares Advance

Industry News 10:29:01AM Jul 13, 2010 Source:SMM

LONDON, July 13 -- Zinc declined 1.4 percent on the London Metal Exchange, reversing a gain of 0.5 percent, while copper and aluminum trimmed their advance.

Zinc for three-month delivery decreased to $1,830 a metric ton. Copper and aluminum increased 0.3 percent and 0.2 percent, paring gains of 0.9 percent and 0.4 percent.

China will "strictly" enforce housing policies such as lending rules to prevent speculative real estate investment, the Ministry of Housing and Urban-Rural Development said in a statement on its website.

 

 

Key Words:  Aluminum Al  copper Cu  zinc Zn 

Zinc Drops in London, Reversing Gain; Copper Pares Advance

Industry News 10:29:01AM Jul 13, 2010 Source:SMM

LONDON, July 13 -- Zinc declined 1.4 percent on the London Metal Exchange, reversing a gain of 0.5 percent, while copper and aluminum trimmed their advance.

Zinc for three-month delivery decreased to $1,830 a metric ton. Copper and aluminum increased 0.3 percent and 0.2 percent, paring gains of 0.9 percent and 0.4 percent.

China will "strictly" enforce housing policies such as lending rules to prevent speculative real estate investment, the Ministry of Housing and Urban-Rural Development said in a statement on its website.

 

 

Key Words:  Aluminum Al  copper Cu  zinc Zn