NGAN NGUYEN THI
Jul 27, 2023
Writing Feedback / The graph below shows the average monthly change in the prices of three metals during 2014. [2]
The chart shows how the average prices of three distinct metals, namely nickel, copper and zinc, changed on a monthly basis in the year 2014.
Looking at the graph, it is readily apparent that nickel underwent a relatively wild fluctuation, compared to the two other types of metals in 2014. Notably, copper seemed to witness a slight oscillation in its costs.
In January 2014, Nickel registered 6% of changes in its prices, which was the largest figure . However, its proportion of price changes declined dramatically until it reached a trough of -3% in June. From then on, it recovered to -1% in July, August and September, but later dipped to -2% in October. From October onwards, it increased and plateaued at 1%.
Copper's percentage of price differences stood at 2% in January, only being ranked behind Nickel in the same month, after which it dropped to 1.5% in December despite negligible fluctuations in several months. As for Zinc, it recorded merely 1% of changes in its prices in the first month, followed by an increase to 3% in February. Since then, its percentage of price differentials went into a tailspin before hitting its lowest point of -1% in July and leveling out at -1% in the consecutive three months. From October on, it rose insignificantly to 2% .
nickel, copper and zinc prices
The chart shows how the average prices of three distinct metals, namely nickel, copper and zinc, changed on a monthly basis in the year 2014.
Looking at the graph, it is readily apparent that nickel underwent a relatively wild fluctuation, compared to the two other types of metals in 2014. Notably, copper seemed to witness a slight oscillation in its costs.
In January 2014, Nickel registered 6% of changes in its prices, which was the largest figure . However, its proportion of price changes declined dramatically until it reached a trough of -3% in June. From then on, it recovered to -1% in July, August and September, but later dipped to -2% in October. From October onwards, it increased and plateaued at 1%.
Copper's percentage of price differences stood at 2% in January, only being ranked behind Nickel in the same month, after which it dropped to 1.5% in December despite negligible fluctuations in several months. As for Zinc, it recorded merely 1% of changes in its prices in the first month, followed by an increase to 3% in February. Since then, its percentage of price differentials went into a tailspin before hitting its lowest point of -1% in July and leveling out at -1% in the consecutive three months. From October on, it rose insignificantly to 2% .
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