The LME 3-month price of primary aluminum saw the biggest increase at 0.5 percent, finishing at $2,080 per metric ton for April 26, 2012. The LME primary aluminum cash price rose 0.5 percent to $2,040 per metric ton. The price of Indian primary aluminum has been on the rise for seven days.
Chinese aluminum prices closed mixed yesterday. The SHFE primary aluminum cash price has been on the rise for seven days and is now at CNY 16,080 ($2,550) per metric ton. The price of Chinese aluminum scrap was unchanged in the mid-$2,600s per metric ton. Chinese aluminum billet saw little fluctuation in its price yesterday at above $2,500 per metric ton. The price of Chinese aluminum bar hardly moved, staying at above $2,200 per metric ton.