Daily Aluminum Roundup: LME 3-Month Price Improves

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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 and is now at INR 107.25 ($2.04) per kilogram.

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 at CNY 16,650 ($2,640) per metric ton. Chinese aluminum billet saw little fluctuation in its price yesterday at CNY 16,100 ($2,553) per metric ton. The price of Chinese aluminum bar hardly moved, staying at CNY 14,050 ($2,228) per metric ton.

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