Cash Price Of Primary Indian Aluminum Shifts Up Nearly 2%

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The Indian aluminum cash price saw a 1.9 percent increase on July 17, 2012, making it the biggest mover for the day on our daily aluminum price index.

On the LME, the 3-month price of aluminum saw little movement on Tuesday at $1,892 per metric ton. The cash price of primary aluminum saw little movement on Tuesday on the LME, closing out around $1,861 per metric ton.

Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap saw little movement, holding below $2,100 per metric ton. The prices of Chinese aluminum billet and Chinese aluminum bar both kept steady. Following a two-day rise, the Chinese aluminum cash price also flattened at below $2,500.

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