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The image displays a line graph titled "Average monthly change in prices of copper, nickel and zinc (2014)" with a y-axis representing "% change in price compared with previous month" and an x-axis for months. For Copper, the monthly percentage changes were: January 2%, February 1%, March 0.5%, April 0.5%, May -0.5%, June 1%, July 1%, August 1%, September -1%, October 0.5%, November 0%, and December 1%. For Nickel, the values were: January 6%, February 4%, March 1%, April 1%, May -1%, June -3%, July -1%, August -1%, September -1%, October -2%, November 1%, and December 1.5%. For Zinc, the data points were: January 1%, February 3%, March 2%, April 1.5%, May 1%, June -0.5%, July -0.5%, August -0.5%, September -0.5%, October 0%, November 2%, and December 1.5%.
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The line graph illustrates the average monthly percentage changes in the prices of copper, nickel and zinc in 2014. Overall, all three metals experienced fluctuations during the year, with nickel showing the greatest volatility, while zinc and copper remained more stable.
At the start of the year, nickel saw a sharp rise of 6%, the highest increase recorded, whereas copper and zinc rose more moderately, by around 2% and 1% respectively. However, nickel’s price dropped rapidly over the following months, falling to about 1% in March and approaching 0% by May. Copper and zinc also declined slightly during this period but remained relatively steady in comparison.
Between June and September, nickel experienced another significant fall, reaching a low of roughly -3% in September. Copper fluctuated around 0%, while zinc showed small but consistent changes. Towards the end of the year, all three metals recovered slightly, with zinc recording the strongest positive growth in December.
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