Current Aluminum Prices
Weakening prices changed direction when the cash price of primary Indian aluminum rose 1.0 percent on April 5, 2013. On the LME, the aluminum 3-month price fell 0.8 percent to $1,862 per metric ton. On the LME, the cash price of primary aluminum declined 0.7 percent to $1,833 per metric ton.
Chinese aluminum prices were flat for the day. Chinese aluminum scrap saw little change in its price last Friday. The price of Chinese aluminum billet remained steady. For the fifth day in a row, the price of Chinese aluminum bar remained essentially flat. The cash price of Chinese aluminum held steady last Friday.
Current Copper Prices
The cash price of primary copper saw the biggest decline of the day, dropping 0.9 percent on the LME to close at $7,336 per metric ton on the 5th. The copper 3-month price saw a 0.8 percent decline on the LME to $7,373 per metric ton.
The price of US copper producer grade 122 finished the market day up 0.5 percent per pound. The price of US copper producer grade 110 rose 0.5 percent as well. The price of US copper producer grade 102 rose 0.5 percent. The Japanese copper cash price remained essentially flat.
Chinese copper prices were flat for the day.