Shot up
In 2021, commodity markets witnessed impressive spikes in price changes that did not overtake metal prices either.
According to the S&P index, aluminum prices have risen by 61% overall since the beginning of 2020, copper by 55%, nickel by 47%, lead by 13% and zinc by 28%.
From 1 August 2021, the price of aluminum increased by 11%, nickel by 1% and zinc by 3%. The depreciation of some metals was also recorded. From August 1, 2 percent. cheap copper, 8 percent. the price of lead decreased.
According to London Stock Exchange prices, on September 16, aluminum was priced at $ 2,868.5. per ton, when a month ago, on August 16, the price was $ 2,644. per ton and was $ 224. cheaper.
Overall, the price of aluminum is currently one of the highest since 2011, and the price of copper is at record highs.
A total of $ 9,391 was requested per tonne of copper on September 16, and $ 9,377 on August 16. per ton, and exactly a year ago, on September 16, 2020, it was $ 6,776. per tonne.
The price of nickel in 2021. as of September 16, was $ 19,525. per ton, lead – $ 2246.5, zinc – $ 3063. per tonne.
Carried everything
A representative of the company buying the metal in Vilnius, who did not want to be named, said that the purchase prices of ferrous metal had risen by 100% until recently.
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