| Metals Prices Spiking (Again) |
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| Written by Mike Buetow | |||
| Monday, 03 March 2008 08:58 | |||
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LONDON – Prices for metals commonly used in electronics manufacturing have jumped in the past week, with some key commodities rising more than 11%.
On the Comex, prices for silver have spiked 11.1% since Feb. 25, and 18% since Feb. 18. On the London Metals Exchange over the past week, cash seller and settlement prices for tin have risen 6.7% to $8.49 per lb. Tin is up 10.1% since Feb. 18. Meanwhile, lead is up 4% to $1.54 per lb., and copper was up 3.7% to $3.88 per lb. Lead is up 12.4% and copper up 7.8%, respectively, since Feb. 18.
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| Last Updated on Monday, 03 March 2008 08:59 |
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