Small Shift For Cash Price Of Primary Indian Aluminum

by on
Members Only, Metal Prices, Premium

On May 30, 2012, the day’s biggest mover was the cash price of primary Indian aluminum, which saw a 0.4 percent decline to INR 109.60 ($1.97) per kilogram. On the LME, the 3-month price of aluminum saw little movement yesterday at $2,019 per metric ton. The primary aluminum cash price saw little price change yesterday on the LME at $1,979 per metric ton.

Chinese aluminum prices closed flat for the day. The price of Chinese aluminum scrap saw essentially no change for the fifth day in a row, remaining around CNY 16,650 ($2,629) per metric ton. The price of Chinese aluminum billet remained essentially flat at CNY 16,000 ($2,526) per metric ton. For the fifth consecutive day, the price of Chinese aluminum bar held flat at CNY 14,050 ($2,218) per metric ton. Chinese aluminum cash price held steady around CNY 16,010 ($2,528) per metric ton.

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.