Base Metals Roundup: Chinese Copper Bar, US Produces Prices Increase

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Current Copper Prices

On March 15, 2013, the day’s biggest mover was Chinese copper bar, which saw a 0.7 percent increase.

today's metal prices - MetalMiner IndXThe Chinese copper cash price gained 0.7 percent as well. Chinese copper wire prices rose 0.4 percent. The price of Chinese bright copper scrap remained essentially flat.

The price of US copper producer grade 122 increased 0.5 percent. The price of US copper producer grade 110 rose 0.5 percent. The price of US copper producer grade 102 rose 0.5 percent too. The Japanese copper cash price was unchanged.

On the LME, the copper 3-month price fell 0.2 percent to $7,790 per metric ton. The primary copper cash price weakened by 0.2 percent on the LME, settling at $7,762 per metric ton.

Current Aluminum Prices

Dropping 0.5 percent on the LME, the 3-month price of aluminum was the biggest mover on March 15, 2013, closing at $1,978 per metric ton. The cash price of primary aluminum weakened by 0.4 percent on the LME, settling at $1,938 per metric ton.

The Indian aluminum cash price saw a 0.2 percent decline.

current aluminum prices - MetalMiner IndXFor the fifth day in a row, the price of Chinese aluminum scrap remained essentially flat. The price of Chinese aluminum billet was unchanged. The price of Chinese aluminum bar saw little movement. The Chinese aluminum cash price saw little movement last Friday as well.