Current Aluminum Prices
On Feb. 26, 2013, the day’s biggest mover was the Indian aluminum cash price, which saw a 1.6 percent decline.
The primary aluminum cash price on the LME has been on the decline for 8 days and is now at $2,004 per metric ton. The 3-month price of aluminum on the LME has been on the decline for 8 days and is now at $2,050 per metric ton.
Chinese aluminum prices were mixed for the day. Chinese aluminum billet prices saw a 0.3 percent decline. The cash price of Chinese aluminum fell 0.1 percent. Chinese aluminum scrap saw little change in its price yesterday. The price of Chinese aluminum bar was unchanged.
Current Copper Prices
The copper cash price rose 0.6 percent on Feb. 26, 2013, making it the day’s biggest mover. After two days of falling prices on the LME, it closed at $7,865 per metric ton. After falling for two days, the copper 3-month price rose 0.5 percent on the LME to $7,885 per metric ton.
Following a 0.5 percent rise yesterday, the price of US copper producer grade 122 closed up. Following a two-day drop, the price of US copper producer grade 110 increased by 0.5 percent. The price of US copper producer grade 102 is back up, also rising by 0.5 percent on Tuesday.
The cash price of primary Japanese copper continues hovering in place for the fifth day in a row.
Chinese copper prices were flat for the day.