World prices

   

A trend of natural gas prices on markets in Western Europe was practically the same as the oil price dynamics. In 1995 average prices were by 13.4 percent higher as compared with 1994.


Prices of nonferrous metals have risen dramatically. In 1995 average world prices were as follows: aluminum -- $ 1806 per metric ton (20.3 percent rise in comparison with 1994), copper -- $ 2933 (higher by 23.3 percent), nickel -- $ 8063 (19.3 percent growth).


As a result of the 1994-95 record price surge in the whole period after the World War II cellulose joined the leaders with a 50 percent price hike (up to more than $ 1000 per metric ton). According to a middle-range outlook price stabilization accompanied by a slight price rise is expected.

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