We have updated our privacy policy and terms & conditions. Find out more here.
6
 

Base Metals Price Roundup: Aluminum Down, Copper Mixed On The Day

By CommoditiesJan 31, 2013 07:02AM GMT Add a Comment
 
AA
+
-
Current Aluminum Prices
The day’s biggest mover was the aluminum cash price which dropped by 1.8 percent on Jan. 29, 2013 to close at $2,006 per metric ton on the LME. The aluminum 3-month price weakened by 1.4 percent on the LME, settling at $2,045 per metric ton.

The Indian aluminum cash price declined 1 percent.

Chinese aluminum prices were mixed for the day. The price of Chinese aluminum billet fell 0.3 percent on Tuesday after two days of no change. The Chinese aluminum cash price, scrap price, and bar price all remained essentially flat.

Current Copper Prices
The 3-month price of copper experienced the biggest price decline of the day, dropping 0.6 percent on the LME to close at $8,014 per metric ton on Jan. 29, 2013. The cash price of primary copper saw a 0.5 percent decline on the LME to $8,049 per metric ton.

The price of US copper producer grade 122 is back up, rising by 0.2 percent on Tuesday. Following a two-day drop, the price of US copper producer grade 110 increased by 0.2 percent as well. After falling for two days, the price of US copper producer grade 102 also rose 0.2 percent.

The cash price of primary Japanese copper saw little movement.

Chinese copper prices closed flat for the day.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add a Comment

 

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

EUR/USD
 
 
 
Are you sure you want to delete this chart?
 
 
 
Are you sure you want to delete this chart?
 
 
 

Successfully Reported

Thank you. This comment has been flagged for a moderator.
_touchLoadingMsg