LME base metals up again on Friday market

The base metals prices on the London Metal Exchange (LME) were up again on Friday following strong gains overnight.

It was underpinned by a second day of resurgent Asian equities and higher oil prices.

The sentiment was still positive, but the fundamentals hadn't changed, a market analyst said.

In the metals, the three-month unofficial copper price rose 86 U.S. dollars, or 1.69 percent, to 5,181 dollars per tonne.

In other metals, the three-month unofficial aluminium price was up 37.5 dollars, or 2.39 percent, to 1,605 dollars a tonne. The three-month unofficial lead price was up 49 dollars, or 2.92 percent, to 1,727 dollars a tonne.

Meanwhile, the three-month unofficial zinc price was up 76 dollars, or 4.35 percent, to 1,823 dollars a tonne. The three-month unofficial nickel price was up 175 dollars, or 1.75 percent, to 10,187.5 dollars a tonne. The three-month unofficial tin price was up 375 dollars, or 2.70 percent, to 14,250 dollars a tonne.