CONSOLIDATED FINANCIAL STATEMENTS >
DIRECTORS’ REPORT
102
| 2013 ANNUAL REPORT | PRYSMIAN GROUP
2,000
0
4,000
8,000
6,000
10,000
USD
EUR
USD
EUR
COPPER
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sept-13
Oct-13
Nov-13
Dec-13
Avg FY
2011
Avg FY
2012
Avg FY
2013
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sept-12
Oct-12
Nov-12
Dec-12
500
0
1,000
2,000
1,500
2,500
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sept-13
Oct-13
Nov-13
Dec-13
Avg FY
2011
Avg FY
2012
Avg FY
2013
USD
USD
EUR
EUR
ALUMINUM
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sept-12
Oct-12
Nov-12
Dec-12
Source: LME data. Price per tonne.
Source: LME data. Price per tonne.
•
Copper
. The average cash settlement price per tonne of copper
on the London Metal Exchange (LME) was USD 7,326 (Euro
5,518) in 2013, signifying an 8% decline on the prior year USD
• Aluminium
. Even the price of aluminium reported a
significant decrease in 2013 (-9% in USD prices), with stock
levels in the official London Metal Exchange warehouses
still at over 5 million tonnes. The renewed fall in prices
price (-11% in Euro). Fluctuating between a low of USD 6,637
and a high of USD 8,242, the price was more volatile than in
2012 (low 7,252 – high 8,658).
compared with 2012 triggered tensions in conversion
premiums. The average price per tonne of aluminium was
USD 1,846 (Euro 1,391) in 2013, compared with USD 2,019
(Euro 1,570) in 2012.
