The line graph depicts a comparative analysis of the changes in prices in three different metals per every month.
Overall, monthly prices for three metals saw a fluctuation within a year. In addition, the prices for Copper and Zinc were relatively the same from the beginning month to the ending month, but Nickel prices saw a dramatic decline in December when compared to January.
Upon analysis, the price for Nickel stood at 6 percent, which was the highest percentage, while Copper and Zinc prices accounted for 2 percent and 1 percent respectively in January. Then, the percentage of price changes for Nickel saw a sharp decline until June at -3 percent, and then it saw a gradual increase in July and remained steady from July to September at -1 percent. Later on, it declined gradually before rising again at 1 percent in December.
For Zinc, the price changes fluctuated from January to July, with a rise in February at 3 percent and a decline in July at -1 percent. After that, it showed a slight increase until September before surging again at 2 percent in December, which was the highest percentage among the metals. Focusing on the price changes in Copper, there was a gradual decrease to May at -0.5 percent, and it remained consistent for one month in June. Then Copper price changes went up slightly in July, and remained steady until September at 1 percent before a slight increase in December at 1.5 percent.
