Base Metals Update: US Copper Producer Prices Up, LME Aluminum Rises

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Current Copper Prices

US copper producer grade 110 price saw the biggest upwards shift for the day, rising 2.1 percent on Friday, April 26. The price of US copper producer grade 122 rose 2.1 percent as well. The price of US copper producer grade 102 increased 2.0 percent.

The cash price of primary Japanese copper flattened following two days of declines.

Chinese copper prices were mixed for the day. Chinese copper wire gained 1.7 percent. Chinese copper bar saw its price rise 1.5 percent. The Chinese copper cash price rose 1.5 percent. The price of Chinese bright copper scrap remained steady.

On the LME, the cash price of primary copper gained 1.4 percent. At $7,055, the copper 3-month price finished the market day on the LME up 1.2 percent per metric ton.

Current Aluminum Prices

On Friday, April 26, the aluminum 3-month price experienced the biggest change, rising 0.7 percent on the LME to $1,915 per metric ton. On the LME, the primary aluminum cash price gained 0.6 percent to finish at $1,883 per metric ton.

The Indian aluminum cash price rose 0.6 percent.

today's metal prices - MetalMiner IndXChinese aluminum prices were mixed for the day. The price of Chinese aluminum billet rose by 0.7 percent. The cash price of Chinese aluminum rose 0.5 percent. The price of Chinese aluminum scrap showed little movement last Friday. For the fifth consecutive day, the price of Chinese aluminum bar held flat.