Cash Price of Primary Indian Aluminum Lower on Daily Index

On Dec. 7, 2012, the biggest mover on MetalMiner’s daily aluminum price index was the cash price of primary Indian aluminum, which saw a 2 percent decline.

On the LME, the 3-month price of aluminum rose 0.8 percent to $2,108 per metric ton. At $2,109, the cash price of primary aluminum finished the market day on the LME up 0.7 percent per metric ton.

Chinese aluminum closed mixed last Friday. The cash price of Chinese aluminum declined 0.3 percent, while the prices of Chinese aluminum scrap, Chinese aluminum billet and Chinese aluminum bar held steady.