Prices of main and precious metals on New York Commodity Exchange by July 9 trade results
/IRBIS, Alima Kopbaeva, July 10, 2008/ - Prices of main and precious metals on New York Mercantile Exchange (NYMEX) on SPOT terms according to results of trades of July 9, 2008.
------------------------------------------------------------------
Price:
Name of Unit ---------------------------- Trend
metal measure max. min. last
-------------------- ------- -------- -------- -------- -----
Main metals
------------------------------------------------------------------
copper USD/lb 3.82 3.78 3.80 -0.06
aluminum USD/lb 1.42 1.41 1.42 +0.16
zinc USD/lb 0.84 0.81 0.82 -1.64
nickel USD/lb 9.73 9.59 9.59 -0.35
lead USD/lb 0.80 0.79 0.80 +0.86
-------------------- ------- -------- -------- -------- -----
chrome USD/lb n/а n/а 5.99 0
-------------------- ------- -------- -------- -------- -----
Ferrochrome* USD/lb n/a n/a 5.57 n/a
-------------------- ------- -------- -------- -------- -----
Ferrochrome** USD/lb n/a n/a 2.43 n/a
-------------------- ------- -------- -------- -------- -----
Charge-chrome(52%Cr) USD/lb n/a n/a 2.13 n/a
-------------------- ------- -------- -------- -------- -----
Precious metals
------------------------------------------------------------------
silver USD/oz 18.22 17.73 18.18 +0.39
gold USD/oz 931.40 916.40 930.10 +0.20
platinum USD/oz 1,977.00 1,960.50 1,977.00 +0.69
------------------------------------------------------------------
*- 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, aluminum and lead prices have increased. The reason is a lack of energy on China manufacturers, which will entail cutting down deliveries to USA.
Precious metals prices also have risen. In particular, August futures on gold in COMEX have grown by $5.40 to $928.40 per troy ounce. October futures on platinum have increased by $19.10 to $1,972 per troy ounce.
[2008-07-10]