Prices of main and precious metals on New York Commodity Exchange by July 2 trade results

03.07.08 17:52
/IRBIS, Alima Kopbaeva, July 3, 2008/ - Prices of main and precious metals on New York Mercantile Exchange (NYMEX) on SPOT terms according to results of trades of July 2, 2008. -------------------------------------------------------------- Price: Name of Unit -------------------------- Trend metal measure max. min. last -------------------- ------- -------- -------- -------- ------ Main metals -------------------------------------------------------------- copper USD/lb 4.12 4.06 4.06 -0.56 aluminum USD/lb 1.44 1.43 1.43 -0.32 zinc USD/lb 0.85 0.83 0.83 -0.55 nickel USD/lb 9.66 9.55 9.57 +0.24 lead USD/lb 0.78 0.77 0.77 +0.30 -------------------- ------- -------- -------- -------- ------ chrome USD/lb n/а n/а 5.7 0 -------------------- ------- -------- -------- -------- ------ Ferrochrome* USD/lb n/a n/a 5.50 n/a -------------------- ------- -------- -------- -------- ------ Ferrochrome** USD/lb n/a n/a 5.14 n/a -------------------- ------- -------- -------- -------- ------ Charge-chrome(52%Cr) USD/lb n/a n/a 2.01 +66.12 -------------------- ------- -------- -------- -------- ------ Precious metals -------------------------------------------------------------- silver USD/oz 18.42 17.89 18.30 -0.38 gold USD/oz 946.80 930.60 942.50 -0.30 platinum USD/oz 2,069.00 2,059.00 2,065.00 -0.29 -------------------------------------------------------------- *- low-carbon strong ferrochrome **- high-carbon strong ferrochrome The data in the table are based on information of COMEX (Commodity Exchange of New York, a concern of NYMEX), except for prices on chrome (Hong Kong Exchange) and ferrochrome (Pittsburg storage). The data of different Internet- resources have been used to compile the table. USD/lb means price in USD per pound of main metal, USD/oz means price in USD per troy ounce. According to Metals Market, on Wednesday, precious metals` prices have changed under the influence of USD rate fall and renewing of oil prices. Platinum price decreased after sales of the three car producers General Motors, Toyota and Ford Motor fell. As is well known, platinum is used in production of car ejection control device. Thus, October platinum futures in COMEX fell by $11.70 (1.7 %) resulting in $2,077 per troy ounce. [2008-07-03]