LME Cash Price of Aluminum Drops 1.1%

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On April 3, 2013, the day’s biggest mover was the cash price of primary aluminum, which saw a 1.1 percent decline on the LME to $1,861 per metric ton. The 3-month price of aluminum fell 0.9 percent to $1,892 per metric ton yesterday on the LME after two days of no change.

today's metal prices - MetalMiner IndXThe Indian aluminum cash price weakened by 0.8 percent.

Chinese aluminum prices were mixed for the day. Chinese aluminum billet finished the day up 0.7 percent. The price of Chinese aluminum scrap was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row. The Chinese aluminum cash price remained essentially flat.