Metals: Highlights | October 2014

[EN] Falling prices in metal markets: Concerns about global demand lead to a price drop in all major metal markets. In particular prices in the markets for nickel, aluminium and lead have declined noticeably due to the economic slowdown in China and very high stocks at the same time. Moreover a strengthening US-Dollar intensifies the effect, as prices would become too expensive for importers. Also the precious metals gold and silver report a clear price fall in the last month. However the depreciating Euro compensates the downward trend distinctly. This becomes especially clear for zinc and copper which have even become more expensive for European companies. This article discloses detailed information about key figures and latest price developments of the metal markets.

Looking at the past 12 months, we have observed strong price increases but also noticeable decreases for the major metal markets. In particular prices for zinc (+27.0%), nickel (+24.6%) and aluminium (+14.1%) have risen remarkably. On the other hand the precious metal markets gold (-1.6%) and silver (-16.8%) have reported a clear price decrease.

As already stated, we have mainly observed significant price declines in the last month. Especially silver (-8.2%), nickel (-6.5%) and aluminium (-4.2%) have gone down clearly. Only zinc (+1.7%) and copper (0.9%) have increased slightly because of the depreciating Euro that has compensated the originally falling USD prices. The highest price movements are still registered by the Nickel market with an annualized volatility of 28.7% at the end of September.

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
October 2013 – September 2014September 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: 6 October 2014
Sources | Disclaimer | Methodology

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