LME Cash Price of Aluminum Up After Two-Day Drop

The LME cash price of primary aluminum closed as the biggest mover for Friday, August 2. Switching from a downward trend, the metal closed at $1,776 per metric ton following a 2.6 percent increase.

The aluminum 3-month price is back up, rising by 2.5 percent on the LME last Friday to close at $1,822 per metric ton.

The cash price of primary Indian aluminum declined 0.3 percent, after two days of improvement.

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Chinese aluminum bar, billet, scrap and cash prices closed flat for the day.

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