Current Copper Prices
US copper producer grade 110 price saw the biggest decline of the day, dropping 2.1 percent on Feb. 20, 2013. The price of US copper producer grade 122 weakened by 2.1 percent. The price of US copper producer grade 102 declined 2 percent. The Japanese copper cash price held steady.
Chinese copper closed mixed yesterday. Chinese copper bar closed 0.4 percent lower. The cash price of Chinese copper fell 0.4 percent as well. Chinese copper wire fell 0.4 percent yesterday. The price of Chinese bright copper scrap increased 0.2 percent.
On the LME, the cash price of primary copper held steady around $8,069 per metric ton. The 3-month price of copper saw little price change yesterday on the LME at $8,105 per metric ton.
Current Aluminum Prices
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Weakening prices ended a three-day flat streak as the price of Chinese aluminum billet fell 1.3 percent on Feb. 20, 2013. The cash price of Chinese aluminum weakened by 0.1 percent. For the fifth consecutive day, the price of Chinese aluminum bar held flat. The price of Chinese aluminum scrap remained essentially flat.
On the LME, the 3-month price of aluminum fell 0.7 percent to $2,114 per metric ton. On the LME, the primary aluminum cash price declined 0.5 percent to $2,075 per metric ton.