Cash Price of Aluminum Sees Small Price Drop

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The day’s biggest mover was the cash price of primary aluminum which dropped by 1.3 percent on Sept. 20, 2012 to close at $2,123 per metric ton on the LME. Also on the LME, the aluminum 3-month price fell 0.6 percent to $2,140 per metric ton.

The Indian aluminum cash price saw a 1.2 percent decline.

Chinese aluminum closed mixed yesterday.

The Chinese aluminum cash price weakened by 0.1 percent. The price of Chinese aluminum scrap saw essentially no change for the fifth day in a row, the price of Chinese aluminum billet remained steady, and the price of Chinese aluminum bar held steady as well.

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