Daily Aluminum Price Roundup – Up on the LME

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On April 25, 2012, primary aluminum cash prices experienced the biggest change, rising 0.9 percent on the LME to $2,030 per metric ton. At $2,069, the 3-month price of primary aluminum finished the market day on the LME up 0.8 percent per metric ton. The cash price of Indian primary aluminum prices flattened out, at above $2.00 per kilogram, following a two-day increase.

Chinese aluminum prices closed flat for the day. On the SHFE, the cash price of Chinese primary aluminum saw little movement yesterday at CNY 16,060 ($2,547) per metric ton. The price of Chinese aluminum scrap held steady in the mid-$2,000 per metric ton range. Chinese aluminum billet saw little change in its price on Wednesday, also holding in the mid-$2,000 per metric ton range. The price of Chinese aluminum bar was unchanged at above $2,200 per metric ton.

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