The cash price of primary Indian aluminum saw the biggest upwards shift for the day, rising 2.5 percent on Thursday, May 9.
On the LME, the cash price of primary aluminum gained 2.5 percent to finish at $1,886 per metric ton. After a 2.0 percent increase, the 3-month price of aluminum finished the day on the LME at $1,913 per metric ton.
Chinese aluminum prices were mixed for the day. Chinese aluminum scrap gained 0.2 percent. The cash price of Chinese aluminum finished the market day up 0.1 percent per metric ton. The price of Chinese aluminum billet held steady. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.