Cash Price of Primary Indian Aluminum Down

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 The Indian aluminum cash price saw the biggest decline of the day, dropping 1.8 percent to close at INR 111.45 ($2.04) per kilogram on Dec. 20, 2012. On the LME, the primary aluminum cash price declined 0.4 percent to $2,072 per metric ton. Following a 0.3 percent rise yesterday, the 3-month price of aluminum closed on the LME at $2,104 per metric ton.

Chinese aluminum prices closed flat for the day. The cash price of Chinese aluminum saw little change in its price yesterday at CNY 15,020 ($2,409) per metric ton. The price of Chinese aluminum scrap remained essentially flat at CNY 12,800 ($2,053) per metric ton. The price of Chinese aluminum billet saw little movement at CNY 15,050 ($2,414) per metric ton. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining around CNY 14,050 ($2,254) per metric ton.

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