Chinese Aluminum Cash Price Improves on MetalMiner's Daily Index

The Chinese aluminum cash price moved up 2.1 percent on June 25, 2012, making it the day’s biggest mover on our daily aluminum price index.

Following a quiet couple of days, the price of Chinese aluminum billet fell 0.6 percent on Monday, while for the fifth consecutive day, the price of Chinese aluminum bar held flat above $2,200 per metric ton. The price of Chinese aluminum scrap continues hovering around below $2,600 per metric ton for the fifth day in a row.

The Indian aluminum cash price saw a 1.2 percent decline.

The 3-month price of aluminum weakened by one percent on the LME, settling at $1,864 per metric ton. On the LME, the primary aluminum cash price declined one percent to $1,823 per metric ton.

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