Cash Price of Primary Indian Aluminum Sees Small Jump

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today's metal prices - MetalMiner IndXThe Indian aluminum cash price saw the biggest increase at 2.2 percent for Thursday, July 4. Following two days of rising prices, the aluminum 3-month price dropped 1.1 percent on the LME to $1,817 per metric ton. Weakening prices followed two days of improvement as the cash price of primary aluminum dropped 1.0 percent on the LME to $1,774 per metric ton.

Don’t forget to see June 2013 price trends before July’s report comes out next week.

Chinese aluminum closed mixed yesterday. Chinese aluminum scrap ended the day after a 0.4 percent drop yesterday. The cash price of Chinese aluminum saw a 0.2 percent decline. The price of Chinese aluminum billet showed little movement yesterday. The price of Chinese aluminum bar held steady.