Closing at $1,647 per ounce on the weekly Automotive MMI®, US platinum bar finished as the week’s biggest mover with a 4.1 percent decline.
The price of US palladium bar fell 3.5 percent after rising 0.5 percent the week before.
The copper 3-month price fell 3 percent on the LME to $8,009 per metric ton after rising 0.8 percent the week before. The primary copper cash price closed last week at $8,038 per metric ton, after a 2.2 percent drop on the LME.
The price of Chinese lead fell 0.7 percent last week. Korean 5052 coil premium over 1050 sheet traded sideways last week.
The Automotive MMI® collects and weights 7 metal price points used in automotive production to provide a unique view into automotive metal trends. For more information on the Automotive MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.