LME Aluminum Cash Price Aluminum Sees Small Drop

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Dropping 0.9 percent on the LME, the cash price of primary aluminum was the biggest mover on June 13, 2012, closing at $1,925 per metric ton. Also on the LME, the 3-month price of aluminum declined 0.8 percent to $1,965 per metric ton.

The cash price of primary Indian aluminum changed direction with a 0.5 percent drop.

Meanwhile, Chinese aluminum prices were mixed for the day.

The cash price of Chinese aluminum closed in the mid-$2,000s per metric ton; following a couple days of improvement, prices fell by 0.9 percent.

The price of Chinese aluminum scrap, aluminum billet and aluminum bar saw little movement.

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