Articles in Category: Members Only

On April 16, 2012, the price of Chinese ferro-moly was unchanged at CNY 145,000 ($23,005) per metric ton. For the fifth day in a row, the price of Chinese ferro-chrome remained essentially flat at CNY 8,300 ($1,316) per metric ton.

Chinese 316 stainless steel scrap saw little change in its price yesterday at CNY 18,400 ($2,917) per metric ton. Chinese 304 stainless coil held its value yesterday at CNY 18,600 ($2,951) per metric ton. The price of Chinese 304 stainless steel scrap showed little movement yesterday at CNY 18,600 ($2,951) per metric ton. At CNY 32,000 ($5,077) per metric ton, the price of Chinese 316 stainless coil were essentially unchanged.

Following a two-day rise on the LME , the 3-month price of nickel flattened at $18,455. The primary nickel price prices flattened out at $18,400 following a two-day increase on the LME.

US gold bullion saw little movement on April 16, 2012, staying around $1,652 per ounce. The price of Chinese gold bullion held steady at CNY 336.49 ($53.39) per gram. The price of Indian gold bullion remained steady at INR 28,423 ($554) per 10 grams. Japanese gold bullion saw little change in its price yesterday at JPY 4,268 ($52) per gram.

Chinese silver stayed flat at around CNY 6,585 ($1,044) per kilogram. The price of Indian silver showed little movement yesterday at INR 55,582 ($1,083) per kilogram. At JPY 806.00 ($9.95) per 10 grams, the price of Japanese silver were essentially unchanged. US silver stayed flat at around $31.53 per ounce.

At CNY 338.50 ($53.71) per gram, the price of Chinese platinum bar held steady. The price of US platinum bar remained steady at $1,572 per ounce. The price of Japanese platinum bar showed little movement yesterday at JPY 4,056 ($50) per gram.

Japanese palladium bar saw little change in its price yesterday at JPY 1,671 ($20) per gram. The price of US palladium bar held steady at $646.00 per ounce. Chinese palladium bar held its value yesterday at CNY 155.00 ($24.59) per gram.

Editors Note: In some cases (e.g. Japan and China) prices hold steady because they represent transacted prices and are not exchange traded.

US copper producer grade 110 saw a 0.2 percent drop on April 16, 2012, making it the biggest mover of the day. US copper producer grade 102 prices saw a 0.1 percent decline. The cash price of Japanese primary copper flattened at JPY 696,000 ($8,593) after two days of improvement on the LME.

Chinese copper prices were flat for the day. The cash price of copper showed little movement yesterday on the SHFE at CNY 57,900 ($9,186) per metric ton. At CNY 56,800 ($9,011) per metric ton, the price of Chinese copper wire was essentially unchanged. Chinese bright copper scrap held its value yesterday at CNY 50,500 ($8,012) per metric ton.

The 3-month price of primary copper held steady yesterday on the LME , remaining around $8,120 per metric ton. Also on the LME, the cash price of primary copper showed little movement yesterday, hovering around $8,165 per metric ton.

On April 16, 2012, the 3-month price of primary aluminum saw little movement on the LME yesterday at $2,088 per metric ton. Following two days of dropping prices, the cash price of Indian primary aluminum flattened out as well.

Chinese aluminum prices kept even for the day. For the fifth consecutive day, the price of Chinese aluminum scrap held steady at CNY 16,650 ($2,641) per metric ton. The price of Chinese aluminum billet remained essentially flat at CNY 16,000 ($2,538) per metric ton. Same for the price of Chinese aluminum bar, which ended the day at CNY 14,050 ($2,229) per metric ton. The cash price of Chinese primary aluminum showed little movement yesterday, hovering around CNY 15,940 ($2,529) per metric ton.

1 71 72 73