Metals: Highlights | February 2015

[EN] Originally traded in USD, metal prices have actually continued their downtrend in January and decreased by 5.7% (USD). However the weakening EUR reverses the trend for aluminium, lead, zinc and nickel so that these prices have risen for European companies.
Especially copper prices have declined by 9.4% due to weak demand and gains in global supply. Also nickel prices originally fell by 7% (USD) and aluminium prices by 5% (USD) because of increasing stocks and an ongoing surplus within China. Moreover prices for zinc declined by 3% but have increased again in early February, as upcoming mine closures in Australia may cause a decrease in supply. 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 in the major metal markets. In particular prices for nickel (+24.9%), aluminium (+27.0%) and zinc (+23.5%) have risen strongly. Only copper has reported a price decrease of -9.6%.

In the last month, we have observed a price decline for copper (-9.4%) as well. In the markets for silver (+15.6%), gold (+11.7%) and aluminium (+6.5%) prices have risen the most. The highest price movements are now registered in the market for silver with an annualized volatility of 44.1% at the end of January.

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
February 2014 - January 2015January 2015

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: 16 February 2015
Sources | Disclaimer | Methodology

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