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The image shows changes in average monthly prices of three metals in 2014: Copper dropped from +1% in January to -2% in February, fluctuated between -3% to 0% from March to August, slightly recovering to -1% by November before ending at -2% in December; Nickel fell from 6% in January to -3% in February, sharply decreased to -6% in March, reached lowest at -8% in April, then slightly improved from -8% in May to -6% in October, and ended at +1% in December; Zinc started at +3% in January, then evenly declined to -2% in February, fluctuated narrowly between -1% and 0% from March to October, and rose to +1% by November, closing the year near 0% in December.
Given the complexity of the image, the above description may not be entirely accurate.
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The graph is illustrating the variations in prices of three metals namely, copper, nickel, and zink during the year 2014. The prices of copper and zinc have seen slight variations while the price of nickel on the hand had fluctuated quite a bit.
The price of nickel was on the rise quite sharply during the first couple of months, increasing on an average of 5% comapred to previous months. Then it noticed a steep decline on July, falling by 3%. The price continued to decline till October, after which it noticed a slight increase during November and December. Zinc also followed a similar trend, where its price was on the rise, albeit not as sharply as nickel. There was a slight decrease in its price during June through October after which it similarly noticed a slight increase.
The price of copper on the other hand followed a different trend as it noticed a slight increase during the second half of the year but otherwise quite similar to that of nickel.
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