Current Aluminum Prices
Dropping 0.9 percent on the LME, the cash price of primary aluminum was the biggest mover on March 8, 2013, closing at $1,910 per metric ton. On the LME, the 3-month price of aluminum declined 0.7 percent to $1,955 per metric ton.
Chinese aluminum prices were mixed for the day. The Chinese aluminum cash price inched up 0.5 percent. The price of Chinese aluminum billet finished the market day up 0.3 percent per metric ton. Chinese aluminum scrap stayed flat. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.
Current Copper Prices
The prices of US copper producer grades 102, 110 and 122 saw the biggest upwards shift for the day, rising 0.7 percent on March 8, 2013.
The cash price of primary Japanese copper has still not moved.
Chinese copper closed mixed last Friday. Chinese copper wire finished the day up 0.6 percent. Chinese copper bar saw its price rise 0.5 percent. The Chinese copper cash price rose 0.5 percent. The price of Chinese bright copper scrap was essentially unchanged.
On the LME, the cash price of primary copper fell 0.4 percent to $7,670 per metric ton. The 3-month price of copper weakened by 0.3 percent on the LME, settling at $7,710 per metric ton.