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]