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The 3-month price of nickel experienced the biggest price decline of the day, dropping 3.3 percent on the LME to close at $16,620 per metric ton on March 19, 2013. On the LME, the nickel spot price fell 3.2 percent to $16,550 per metric ton. At INR 901.20 ($16.63), the Indian nickel cash price finished the market day up 0.3 percent per kilogram.

Chinese stainless steel closed mixed on Tuesday. The price of Chinese ferro-chrome remained essentially flat at CNY 8,300 ($1,336) per metric ton. The price of Chinese ferro-moly held steady at CNY 145,000 ($23,333) per metric ton.

Following three days of little change, the price of Chinese 304 stainless coil rose by 1.1 percent to CNY 17,800 ($2,864) per metric ton. On the tail of a three-day flat streak, the price of Chinese 304 stainless steel scrap rose by 1.1 percent, settling at CNY 17,800 ($2,864) per metric ton. The price of Chinese primary nickel saw a 0.4 percent decline to CNY 117,000 ($18,827) per metric ton. The price of Chinese 316 stainless coil remained steady at CNY 26,700 ($4,296) per metric ton. The price of Chinese 316 stainless steel scrap continues hovering around CNY 16,100 ($2,591) per metric ton for the fifth day in a row.

The week’s biggest mover on the weekly Renewables MMI® was US steel plate, which saw a 2.6 percent increase to $747.00 per short ton. At KRW 1.1 million ($1,001) per metric ton, the week finished with no movement for Korean steel plate. Prices for Japanese steel plate remained constant, closing the week at JPY 80,000 ($838.97) per metric ton.

Chinese renewables prices were mixed for the week. The price of Chinese cobalt cathodes declined 1.2 percent over the past week, settling at CNY 207,500 ($33,390) per metric ton. Closing at CNY 13,500 ($2,172) per metric ton, silicon remained unchanged for the week. Neodymium remained essentially flat from the previous week at CNY 425,000 ($68,385) per metric ton. Chinese steel plate prices held steady from the previous week at CNY 4,310 ($693.55) per metric ton.

The Renewables MMI® collects and weights 8 metal price points used extensively within the renewable energy industry to provide a unique view into renewable energy metal price trends. For more information on the Renewables MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

On March 18, 2013, Chinese copper bar fell by 2.3 percent to CNY 56,500 ($8,986) per metric ton, making it the day’s biggest mover. The cash price of Chinese copper declined 2.3 percent to CNY 56,700 ($9,017) per metric ton. The price of Chinese copper wire fell 2.1 percent to CNY 55,610 ($8,844) per metric ton. The price of Chinese bright copper scrap continues hovering around CNY 46,850 ($7,451) per metric ton for the fifth day in a row.

The price of US copper producer grade 122 fell 0.5 percent to $4.14 per pound. The price of US copper producer grade 110 saw a 0.5 percent decline to $4.14 per pound. The price of US copper producer grade 102 fell 0.5 percent to $4.33 per pound. The cash price of primary Japanese copper held steady at JPY 640,000 ($6,744) per metric ton.

On the LME, the copper 3-month price increased 0.3 percent to $7,811 per metric ton. Also on the LME, the primary copper cash price inched up 0.3 percent to $7,781 per metric ton.

The Indian nickel cash price fell 3.0 percent on March 18, 2013 to INR 898.70 ($16.63) per kilogram, making it the day’s biggest mover. On the LME, the nickel spot price inched up 0.7 percent to $17,100 per metric ton. On the LME, the 3-month price of nickel rose 0.7 percent to $17,190 per metric ton.

Chinese stainless steel prices were mixed for the day. For the fifth consecutive day, the price of Chinese ferro-chrome held flat at CNY 8,300 ($1,320) per metric ton. The price of Chinese ferro-moly continues hovering around CNY 145,000 ($23,061) per metric ton for the fifth day in a row.

The price of Chinese primary nickel weakened by 1.9 percent, settling at CNY 117,500 ($18,687) per metric ton. After a 0.8 percent increase, the price of Chinese 316 stainless coil finished the day at CNY 26,700 ($4,246) per metric ton. For the fifth day in a row, the price of Chinese 304 stainless coil remained essentially flat at CNY 17,600 ($2,799) per metric ton. The price of Chinese 316 stainless steel scrap held steady at CNY 16,100 ($2,561) per metric ton. The price of Chinese 304 stainless steel scrap remained essentially flat at CNY 17,600 ($2,799) per metric ton.

On March 18, 2013, the day’s biggest mover was Indian silver, which saw a 7.1 percent decline to INR 52,860 ($978.44) per kilogram. Japanese silver closed 1.0 percent lower at JPY 879.00 ($9.26) per 10 grams. Chinese silver ended the day at CNY 5,890 ($936.74) per kilogram, after the 0.3 percent drop on Monday. The price of US silver fell 0.1 percent to $28.77 per ounce.

At INR 29,515 ($546.32) per 10 grams, Indian gold bullion was down 4.3 percent from the previous market day. At JPY 4,847 ($51.07) per gram, Japanese gold bullion fell 1.5 percent on Monday. Chinese gold bullion gained 0.2 percent to finish at CNY 320.59 ($50.99) per gram. US gold bullion prices inched up 0.2 percent to $1,593 per ounce.

The price of Japanese platinum bar declined 2.9 percent to JPY 4,792 ($50.50) per gram. Chinese platinum bar finished the day down 0.6 percent to CNY 338.00 ($53.76) per gram. Following a two-day drop, the price of US platinum bar increased by 0.4 percent to $1,589 per ounce.

Chinese palladium bar prices saw a 2.2 percent decline to CNY 180.00 ($28.63) per gram. The price of Japanese palladium bar declined 1.3 percent to JPY 2,386 ($25.14) per gram. At $773.00, the price of US palladium bar finished the market day up 0.3 percent per ounce.

Yttria saw a 25.5 percent decline this week, finishing at CNY 87,500 ($13,916) per metric ton and making it the week’s biggest mover on the weekly Rare Earths MMI®. Samarium oxide weakened by 9.5 percent to land at CNY 47,500 ($7,554) per metric ton. Lanthanum oxide finished the week at CNY 34,000 ($5,407) per metric ton after falling 6.8 percent.

Neodymium oxide dropped 5.8 percent over the past week to CNY 325,000 ($51,688) per metric ton. Europium oxide saw a 3.5 percent drop-off this week to end at CNY 5,500 ($874.71) per kilogram. The past week saw europium oxide close at CNY 5,500 ($874.71) per kilogram after a 3.5 percent decline. Cerium oxide remained essentially flat from the previous week at CNY 39,000 ($6,203) per metric ton.

Neodymium traded sideways last week, hovering around CNY 425,000 ($68,331) per metric ton. Closing at CNY 307,500 ($48,904) per metric ton, praseodymium neodymium oxide remained unchanged for the week. At CNY 367,500 ($58,447) per metric ton, the price of praseodymium oxide did not change since the previous week. At CNY 27,500 ($4,374) per metric ton, the week finished with no movement for rare earth carbonate.

Following a steady week, prices for terbium metal closed flat at CNY 7,850 ($1,248) per kilogram. Terbium oxide prices held steady from the previous week at CNY 3,900 ($620.25) per kilogram. At CNY 400.00 ($63.62) per kilogram, the week finished with no movement for yttrium.

The Rare Earths MMI® collects and weights 14 global rare earth metal price points to provide a unique view into rare earth metal price trends. For more information on the Rare Earths MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

On March 18, 2013, the day’s biggest mover was the cash price of primary Indian aluminum, which saw a 2.2 percent decline to INR 102.90 ($1.90) per kilogram. On the LME, the 3-month price of aluminum rose 0.3 percent to $1,984 per metric ton. After a 0.3 percent increase, the cash price of primary aluminum finished the day on the LME at $1,943 per metric ton.

Chinese aluminum closed mixed on Monday. After holding steady for the past few days, the price of Chinese aluminum billet fell 0.3 percent, closing at CNY 14,400 ($2,290) per metric ton. Following a quiet couple of days, the cash price of Chinese aluminum fell 0.3 percent yesterday to CNY 14,500 ($2,306) per metric ton. For the fifth consecutive day, the price of Chinese aluminum scrap held flat at CNY 11,625 ($1,849) per metric ton. The price of Chinese aluminum bar remained essentially flat at CNY 14,050 ($2,234) per metric ton.

The week’s biggest mover on the weekly Global Precious Metals MMI® was the price of Japanese platinum bar, which saw a 3.3 percent decline to JPY 4,792 ($50.50) per gram. This comes on the heels of a 4.5 percent increase the week before. Following a 0.3 percent increase in the week prior, the price of Chinese platinum bar fell 1.2 percent last week to CNY 338.00 ($53.76) per gram. The price of US platinum bar fell 0.6 percent to $1,589 per ounce after rising 1.8 percent the week before.

Following a 6.3 percent increase in the week prior, the price of Chinese palladium bar fell 3.2 percent last week to CNY 180.00 ($28.63) per gram. The price of US palladium bar fell 1.0 percent to $773.00 per ounce after rising 8.5 percent the week before. Following an 8.4 percent increase in the week prior, the price of Japanese palladium bar fell 0.4 percent last week to JPY 2,386 ($25.14) per gram.

The price of Indian gold bullion rose 1.0 percent to INR 29,515 ($546.32) per 10 grams after falling 0.9 percent during the previous week. The price of US gold bullion rose 0.9 percent this week, closing out the third week at $1,593 per ounce. The price of Japanese gold bullion fell 0.8 percent to JPY 4,847 ($51.07) per gram after rising 3.1 percent the week before. The price of Chinese gold bullion rose 0.6 percent to CNY 320.59 ($50.99) per gram after falling 0.5 percent during the previous week.

Following a 0.5 percent increase in the week prior, the price of Indian silver fell 2.5 percent last week to INR 52,860 ($978.44) per kilogram. The price of Japanese silver fell 1.3 percent to JPY 879.00 ($9.26) per 10 grams after rising 4.8 percent the week before. Following a 0.8 percent increase in the week prior, the price of Chinese silver fell 1.0 percent last week to CNY 5,890 ($936.74) per kilogram. The price of US silver fell 0.8 percent to $28.77 per ounce after rising 1.5 percent the week before.

The Global Precious Metals MMI® collects and weights 14 global precious metal price points to provide a unique view into precious metal price trends. For more information on the Global Precious Metals MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

The week’s biggest mover on the weekly Copper MMI® was the cash price of primary copper, which saw a 1.2 percent increase on the LME to $7,762 per metric ton. This comes on the heels of a 2.0 percent decline the week prior. The copper 3-month price rose 1.0 percent on the LME to $7,790 per metric ton after falling 2.0 percent during the previous week.

Chinese copper prices were up for the week. The price of Chinese copper bar rose 0.6 percent to CNY 57,850 ($9,308) per metric ton after falling 0.1 percent during the previous week. The cash price of Chinese copper rose 0.6 percent to CNY 58,050 ($9,340) per metric ton after falling 0.1 percent during the previous week. Chinese copper wire saw its price rise 0.4 percent over the past week to CNY 56,800 ($9,139) per metric ton. The price of Chinese bright copper scrap rose 0.3 percent to CNY 46,850 ($7,538) per metric ton after falling 1.5 percent during the previous week.

The price of US copper producer grade 122 rose 0.5 percent to $4.16 per pound after falling 0.5 percent during the previous week. The price of US copper producer grade 110 rose 0.5 percent to $4.16 per pound after falling 0.5 percent during the previous week. The price of US copper producer grade 102 rose 0.5 percent to $4.35 per pound after falling 0.5 percent during the previous week. Korean copper strip prices held steady from the previous week at KRW 11,300 ($10.28) per kilogram. The Japanese copper cash price stayed essentially flat at JPY 640,000 ($6,668) per metric ton.

The Copper MMI® collects and weights 12 global copper metal price points to provide a unique view into copper price trends. For more information on the Copper MMI®, how it’s calculated or how your company can use the index, please drop us a note at: info (at) agmetalminer (dot) com.

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 to INR 105.25 ($1.94) per kilogram.

Chinese aluminum prices were flat for the day. For the fifth day in a row, the price of Chinese aluminum scrap remained essentially flat at CNY 11,625 ($1,870) per metric ton. The price of Chinese aluminum billet was unchanged at CNY 14,450 ($2,325) per metric ton. The price of Chinese aluminum bar saw little movement at CNY 14,050 ($2,261) per metric ton. The Chinese aluminum cash price saw little movement last Friday at CNY 14,550 ($2,341) per metric ton.

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