Cash Price Of Primary Indian Aluminum Improves Slightly

The cash price of primary Indian aluminum jumped by 1.7 percent yesterday.   The aluminum 3-month price weakened by 0.3 percent on the LME, settling at $1,867 per metric ton. On the LME, the primary aluminum cash price rose 0.1 percent to $1,834 per metric ton.

Chinese aluminum closed mixed on Monday. The cash price of Chinese aluminum inched up 0.4 percent. For the fifth consecutive day, the price of Chinese aluminum scrap held flat. The price of Chinese aluminum billet ended a two-day climb, settling in the $2440 range. The price of Chinese aluminum bar saw little movement.

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