Cash Price of Aluminum Lower

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Metal Prices, Premium

On Thursday, June 27, the day’s biggest mover was the aluminum cash price, which saw a 0.7 percent decline on the LME to $1,733 per metric ton. The aluminum 3-month price weakened by 0.6 percent on the LME, settling at $1,779 per metric ton. The Indian aluminum cash price increased 0.4 percent to INR 104.15 ($1.72) per kilogram.

Chinese aluminum prices closed flat for the day. The price of Chinese aluminum scrap held steady at CNY 12,210 ($1,981) per metric ton. Chinese aluminum billet saw little change in its price on Thursday at CNY 14,350 ($2,329) per metric ton. The price of Chinese aluminum bar held steady at CNY 14,050 ($2,280) per metric ton. The cash price of Chinese aluminum saw little movement yesterday at CNY 14,390 ($2,335) per metric ton.