The 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.
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.