Metals: Highlights | December 2014

[EN] In general metal prices started a slight downtrend which is expected to strengthen in the near future. This is due to the economic slowdown in China and other emerging economies. Moreover the tremendous fall in oil prices will probably reduce production costs for the energy intensive industry (e.g. diesel in mining). In particular iron ore prices dropped by 9% in November, because of considerable increases in low-cost capacity from Brazil and Australia. However prices for aluminium went up due to a number of smelter closures in 2014. This article shows you the latest price developments and relevant key figures for metals.

Looking at the past 12 months, we have mainly observed strong price increases for the major metal markets. In particular prices for aluminium (+29.1%), zinc (+28.7%), and nickel (+28.2%) have risen remarkably. On the other hand silver (-16.5%) has reported a clear price decrease.

In the last month, we have observed price declines for silver (-3.1%), copper (-2.8%) and zinc (-2.5%). On the other hand nickel (+3.4%), lead (+2.8%) and aluminium (+2.3%) report a rise. The highest price movements are still registered on the Nickel market with an annualized volatility of 33.4% at the end of November.

In order to provide market visibility for European companies affected by raw material costs, the following analysis takes into consideration the price evolution in EUR unless specified. Please click on the raw materials below to receive more detailed information.

Metals prices returns | 1 YEAR | daily price dataMetals prices returns | 1 MONTH | daily price data
December 2013 – November 2014November 2014

1. GOLD  Read more

2. SILVER Read more

3. COPPER Read more

4. ALUMINIUM Read more

5. LEAD Read more

6. ZINC Read more

7. NICKEL Read more

Date of publication: 15 December 2014
Sources | Disclaimer | Methodology

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