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Home Steel News Commerzbank: check the performance of weak copper, aluminum and zinc prices in Q3
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Commerzbank: check the performance of weak copper, aluminum and zinc prices in Q3

25 May 2017 17:14 reported by Eva

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German’s commercial bank analysts pointed out in their email report that copper, zinc and aluminum prices fell in Q3, due to continued reductions in the size of their positions.

Before the price to at US$5,600/ton in fourth quarter of this year, the average copper price is expected to be at US$5,500/ton in the third quarter of this year. But in the medium and long term, the shortage of supply will stimulate the price increases.

As a result of China's strong production, aluminum prices expect to be at US$1,824/ton in the third quarter of this year, will be at US$1,750/ton in the fourth quarter of this year.

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Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug14,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug2500260027002800
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug23002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug900092509500975010,00010,250
  • Nickel
  • Zinc
  • Aluminum
  • Copper

Learn more

LME Official Bid Price

  • USD / MT
  • Cash
  • 3 Months
  • Zinc
  • 2,717.00
  • 2,726.50
  • Aluminum
  • 2,579.50
  • 2,579.50
  • Copper
  • 9,634.50
  • 9,635.00
  • Nickel
  • 14,820.00
  • 15,000.00

Learn more

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