Automotive Metals Price Round-Up: Small Drift for US Platinum Bar

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The biggest mover this week was US platinum bar with a 2.3 percent fall on the weekly Automotive MMI®. US palladium bar fell 0.8 percent over the past week.

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The price of US HDG rose 0.1 percent after falling 0.7 percent during the previous week.

The cash price of primary copper declined to $7,096 per metric ton after drifting 1.6 percent on the LME since last week. With a 1.4 percent decrease on the LME, the copper 3-month price closed the week. Korean 5052 coil premium over 1050 sheet remained unchanged for the week. The price of Chinese lead remained steady from the previous week.

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The Automotive MMI® collects and weights 7 metal price points used in automotive production to provide a unique view into automotive metal trends. For more information on the Automotive MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.