Current Aluminum Prices
After falling for two days, the cash price of primary aluminum rose 0.9 percent on the LME to $1,926 per metric ton. The 3-month price of aluminum is back up, rising by 0.7 percent on the LME yesterday to close at $1,968 per metric ton.
Chinese aluminum prices closed flat for the day.
Current Copper Prices
The LME copper cash price closed as the biggest mover for March 11, 2013. Switching from a downward trend, the metal closed at $7,730 per metric ton following a 0.8 percent increase. After falling for two days, the copper 3-month price rose 0.4 percent on the LME to $7,744 per metric ton.
The prices of US copper producer grades 102, 110 and 122 saw a 0.2 percent decline yesterday. The Japanese copper cash price continues to stay frozen.
Chinese copper prices were up for the day. Chinese bright copper scrap gained 0.3 percent. The price of Chinese copper wire finished the market day up 0.2 percent per metric ton. Chinese copper bar prices rose 0.1 percent. The cash price of Chinese copper gained 0.1 percent as well.