The Indian aluminum cash price saw the biggest upwards shift for the day on our aluminum price index, rising 1.4 percent on Aug. 28, 2012.
Following a two-day rise on the LME, the primary aluminum cash price flattened at $1,870. The 3 month price of aluminum ended a two-day climb, settling at $1,901 per metric ton on the LME.
Chinese aluminum prices closed flat for the day. The price of Chinese aluminum scrap saw essentially no change for the fifth day in a row, remaining above $2,000 per metric ton. The price of Chinese aluminum billet stayed north of $2,400 per metric ton.
For the fifth day in a row, the price of Chinese aluminum bar kept above $2,200 per metric ton. The Chinese aluminum cash price closed above $2,400 per metric ton.
Full prices updated daily, as always, available to MetalMiner IndX℠ subscribers!