LME Aluminum Cash Price Sees Small Jump on Daily Index

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The aluminum cash price saw the biggest upwards shift for the day, rising 2.2 percent on the LME to close at $1,908 per metric ton on July 20, 2012. At $1,934, the aluminum 3-month price finished the market day on the LME up 2.1 percent per metric ton.

Indian aluminum cash price fell 1.2 percent.

Chinese aluminum closed mixed last Friday. The price of Chinese aluminum billet declined 0.3 percent. The Chinese aluminum cash price remained essentially flat in the mid-$2,000 per metric ton range.

The price of Chinese aluminum scrap held steady below $2,100 per metric ton. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining above $2,200 per metric ton.

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