Cash Price Of Primary Indian Aluminum Rises Slightly

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The Indian aluminum cash price saw the biggest upwards shift for the day, rising one percent on July 25, 2012.

Following a two-day drop, the 3-month price of aluminum increased by 0.6 percent on the LME to $1,871 per metric ton. The primary aluminum cash price rose 0.2 percent on the LME to $1,839 per metric ton after a two-day drop.

Chinese aluminum prices were mixed for the day.

Chinese aluminum billet fell one percent yesterday. The Chinese aluminum cash price fell 0.9 percent, while the Chinese aluminum scrap price was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining at $2,200 per metric ton.

Make sure to check out how to subscribe to the MetalMiner IndX℠ for complete, daily aluminum prices.

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