Brought to you byThe Copper Journal - Metal Management Services.
The Copper Journal, a monthly publication, is a compendium of key fundamental, economic and financial indicators of the global metals markets.
Closing values and year-to-date changes are:
Prices Inventories MT
12/31/08 05/22/09 Change % 12/31/08 5/22/2009 Change %
$US / Euro 0.7159 0.7141 -0.0018 -0.3%
Cx Silver $11.27 $14.68 $3.41 30.3%
Cx Gold $883.60 $958.50 $74.90 8.5%
Cx Copper $1.3950 $2.1025 $0.7075 50.7% 31,075 47,628 16,553 53.3%
LME Copper $1.3930 $2.0802 $0.6872 49.3% 339,775 333,375 -6,400 -1.9%
Shanghai Copper 17,822 33,798 15,976 89.6%
Total Copper 388,672 414,801 26,129 6.7%
LME Aluminum $0.6600 $0.6382 -$0.0218 -3.3% 2,328,900 4,191,975 1,863,075 80.0%
LME Lead $0.4305 $0.6450 $0.2145 49.8% 45,150 74,525 29,375 65.1%
LME Tin $4.6970 $6.3390 $1.6420 35.0% 7,790 14,350 6,560 84.2%
LME Nickel $4.9033 $5.6813 $0.7780 15.9% 78,390 109,776 31,386 40.0%
LME Zinc $0.5080 $0.6654 $0.1574 31.0% 253,500 317,750 64,250 25.3%
Click on the link belowto findThe Copper Journal’s weekly chart update through May 22, 2009.
Note: The green line on the chart is the 200 day moving average. The red lines are points of support and resistance. If one market is closed while the other is open, the prior day settlement will be used for the market that is closed in order to maintain consistency in the price charts.
Also, Comex and the LME are closed on Monday, May 25, 2009