SEPT 30 TUESDAY

COPPER

A further slew of global financial woes coming

to light on Monday morning did little to lend support

to the Londoan Metal Exchange Base metal complex

which saw prices drift down across the board.

Early trade on Monday witnessed a flurry of selling

activity.

A firm dollar dragged down base metal prices on Monday

with copper prices touching a 9 month low as

investors awaited a vote by the US Congress on

the creation of a $ 700 billion government fund to

buy bad debt.

Copper for delivery in 3 months on the London Metal

Exchange was untraded in official rings but quoted at

$ 6550 / 555 a tonne compared with $ 6775 at the close

on Friday.

LEAD

Lead fell more than 5 % to a low of $ 1836a tonne .

It was quoted at $ 1855 / 1860 from $ 1960 on

Friday.

ZINC

Three month Zinc touched $ 1695 a tonne , down

nearly 5 % .It traded at $ 1707 from $ 1770.

NICKEL

Nickel traded at $ 16700 from $ 17000.

ALUMINIUM

Aluminium stocks continue to rise up 2300 tonnes ,

climbing above 1.37 million tonnes for the first

time since early 2004 , enough for 13 days of

world consumption.

Aluminium traded at $ 2460 from $ 2494.

Analyst assessment of weak chinese demand growth

particularly in the domestic housing and auto industries

and across the wider export sextor also weighed on

the market.