Daily Cash Price of LME Aluminum Shifts Up

The aluminum cash price saw a 0.9 percent increase on Oct. 5, 2012, reaching $2,087 per metric ton on the LME and making it the biggest mover for the day on MetalMiner’s aluminum price index.

Also on the LME, the 3-month price of aluminum rose 0.9 percent to $2,115 per metric ton.

On the flip side, the Indian aluminum cash price saw a 0.7 percent decline.

In the wake of China’s National Day holiday, all Chinese aluminum prices tracked by the MetalMiner IndX℠, including billet, bar and scrap, closed flat for the day.

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