Metal buyers hadn’t seen those prices since 2009 – residents carried as much as they could



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Fired

In 2021, commodity markets experienced impressive spikes in price changes that also did not outperform metal prices.

According to the S&P index, aluminum prices have risen 61% overall since the beginning of 2020, copper 55%, nickel 47%, lead 13% and zinc 28%.

Since August 1, 2021, the price of aluminum has increased by 11%, nickel by 1% and zinc by 3%. The depreciation of some metals was also recorded. As of August 1, 2 percent. cheap copper, 8 percent. the price of lead decreased.

According to prices on the London Stock Exchange, on September 16 the price of aluminum was $ 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 levels.

A total of $ 9,391 per ton of copper was requested on September 16 and $ 9,377 on August 16. per ton, and exactly one year ago, on September 16, 2020, it was $ 6,776. by Ton.

The price of nickel in 2021. was $ 19,525 on September 16. per ton, lead – $ 2246.5, zinc – $ 3063. per ton.

I carried everything

A representative of the company that buys the metal in Vilnius, who did not want to be named, said that purchase prices for ferrous metals had increased by 100% until recently.



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