Current Aluminum Prices
The cash price of primary aluminum saw the biggest increase at 0.9 percent on the LME, finishing at $1,943 per metric ton for March 6, 2013. The LME 3-month price of aluminum increased 0.6 percent to $1,984 per metric ton.
Chinese aluminum prices were mixed for the day. After a 0.7 percent increase, Chinese aluminum billet finished the day up. The Chinese aluminum cash price finished the market day up 0.5 percent per metric ton. The price of Chinese aluminum scrap held steady, while the price of Chinese aluminum bar continues hovering around in place for the fifth day in a row.
Current Copper Prices
With a 0.4 percent increase on March 6, 2013, Chinese copper bar was the biggest mover on the Copper MMI®. The cash price of Chinese copper finished the market day up 0.4 percent per metric ton. After a 0.3 percent increase, Chinese copper wire finished the day up. The price of Chinese bright copper scrap showed little movement yesterday.
On the LME, the cash price of primary copper declined 0.4 percent to $7,720 per metric ton. Also on the LME, the 3-month price of copper showed little movement yesterday, hovering around $7,744 per metric ton.