Cash Prices Of Aluminum Lower in China, on LME

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The aluminum cash price experienced the biggest price decline of the day, dropping 1.7 percent on the LME to close at $1,834 per metric ton on Aug. 13, 2012. The 3-month price of aluminum saw a 1.3 percent decline on the LME to $1,877 per metric ton.

The Indian aluminum cash price flattened after two days of downward movement.

Chinese aluminum prices were mixed for the day. After three straight days of no change, the cash price of Chinese aluminum decreased by 0.1 percent. For the fifth consecutive day, the price of Chinese aluminum scrap held flat above $2,000 per metric ton.

The price of Chinese aluminum billet held steady above $2,400 per metric ton. The price of Chinese aluminum bar held steady above $2,200 per metric ton.

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