LME

Daily Copper Roundup: Chinese Bright Scrap Price Falls 5%

by MetalMiner IndX Reports on May 16, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals

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The day’s biggest price mover on copper markets, Chinese bright copper scrap, broke away from its dormant phase with a 4.8 percent drop on May 15, 2012, after three changeless days. Meanwhile, the price of Chinese copper wire fell 1.7 percent. Chinese copper bar stayed flat, holding below $9,200 per metric ton. The Chinese primary copper [...]

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Daily Aluminum Market Roundup – Prices Keep Dropping Globally

by MetalMiner IndX Reports on May 15, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals

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On May 14, 2012, the 3-month price of primary aluminum fell by 0.7 percent on the LME, landing at $2,031 per metric ton and making it the day’s biggest mover on aluminum markets. The LME cash price of primary aluminum declined 0.6 percent to $1,992 per metric ton. Meanwhile, the cash price of Indian primary [...]

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Daily Copper Roundup – Chinese Prices Drop

by MetalMiner IndX Reports on May 15, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals

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The day’s biggest mover on the copper markets was the LME price of primary cash copper which dropped by 1.4 percent on May 14, 2012 to close at $8,080 per metric ton. The 3-month price of primary copper saw a 0.8 percent decline on the LME to $7,990 per metric ton. Following a two-day drop, [...]

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LME, US Producer Copper Prices Improve

by MetalMiner IndX Reports on May 14, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals

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Rising 1.3 percent to close at $8,195 per metric ton, the cash price of LME primary copper experienced the biggest change on global copper markets for May 11, 2012. Also on the LME, the primary copper 3-month price inched up one percent to $8,052 per metric ton. The price of US copper producer grade 122 [...]

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Steel Billet Cash Price Sees Small Decline

by MetalMiner IndX Reports on May 14, 2012

Style:    Category: Ferrous Metals, Metal Prices, MetalMiner IndX

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The cash price of steel billet saw a 1.3 percent drop on the LME on May 11, 2012, landing at $453 per metric ton and making it the biggest mover of the day in our daily steel price index. Also on the LME, the 3-month price of steel billet declined 1.1 percent to $470 per [...]

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Zinc in Oversupply For Now, But What’s to Come?

by Stuart Burns on May 14, 2012

Style:    Category: Inventory Stock Levels, Non-ferrous Metals, Supply & Demand

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Zinc buyers (and/or metal-with-a-significant-zinc-content buyers) may be forgiven for feeling pretty sanguine about the supply market for the zinc content of their components. Rising LME inventory levels and prices of zinc that have moderated from the highs of last July suggest a market that is comfortably in oversupply, and indeed the International Lead and Zinc [...]

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Aluminum MMI®: LME, Chinese Prices Drift Down Over Week

by MetalMiner IndX Reports on May 11, 2012

Style:    Category: Commodities, Metal Prices, MetalMiner IndX, Non-ferrous Metals

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After drifting three percent on the LME, the primary aluminum cash price dropped to $1,987 per metric ton, making it the biggest mover on the Aluminum MMI® this week. LME aluminum 3-month prices fell 2.9 percent for the week to settle at $2,026 per metric ton. Indian primary aluminum cash prices fell 2.3 percent, after [...]

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LME 3-Month Copper Price Increases 2%

by MetalMiner IndX Reports on May 11, 2012

Style:    Category: Metal Prices, MetalMiner IndX, Non-ferrous Metals

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On May 10, 2012, the day’s biggest mover was the primary copper 3-month price, which saw a two percent decline on the LME to $7,970 per metric ton. At $8,089 per metric ton, primary cash copper fell 1.8 percent on the LME yesterday. The Japanese primary copper cash price declined 0.7 percent on May 10. [...]

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