LME Aluminum Cash Price Improves 1.5%, Indian Aluminum Drops

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Rising 1.5 percent to close at $1,888 per metric ton, the cash price of primary aluminum experienced the biggest change on the LME for July 18, 2012. Also on the LME, the 3-month price of aluminum rose 1.3 percent to $1,917 per metric ton.

The cash price of primary Indian aluminum fell 0.7 percent.

Chinese aluminum closed mixed yesterday. Chinese aluminum billet prices fell 0.6 percent yesterday. The Chinese aluminum cash price weakened by 0.4 percent. The price of Chinese aluminum scrap held steady between $2,050 and $2,100 per metric ton. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.

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