3-Month Price of Aluminum Drifts Slightly on the Day

The 3-month price of aluminum dropped 1 percent on the LME to close at $2,075 per metric ton on Sept. 27, 2012. The cash price of primary aluminum also weakened by 1 percent on the LME, settling at $2,048 per metric ton.

The cash price of primary Indian aluminum finished the market day up 0.3 percent per kilogram.

Chinese aluminum prices were mixed for the day. The cash price of Chinese aluminum fell 0.3 percent. The price of Chinese aluminum scrap remained essentially flat, as did the prices of Chinese aluminum billet and Chinese aluminum bar.

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