India, China Aluminum Prices Drift Down

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The Indian aluminum cash price experienced the biggest price decline of the day, dropping 1.1 percent on Oct. 10, 2012.

The cash price of primary aluminum remained essentially flat on the LME at $2,046 per metric ton. The aluminum 3-month price saw little price change on Wednesday on the LME at $2,075 per metric ton.

The cash price of Chinese aluminum declined 0.4 percent. The price of Chinese aluminum scrap held steady, aluminum billet stayed flat and the price of Chinese aluminum bar saw little movement.

 

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