The cash price of primary Indian aluminum saw the biggest increase at 0.9 percent, finishing at INR 115.50 ($1.89) per kilogram for Monday, October 14. The 3-month price of aluminum saw a 0.6 percent decline on the LME to $1,875 per metric ton. On the LME, the cash price of primary aluminum fell 0.5 percent to $1,830 per metric ton.
Chinese aluminum prices were mixed for the day. The cash price of Chinese aluminum declined 0.1 percent to CNY 14,620 ($2,387) per metric ton. The price of Chinese aluminum scrap showed little movement yesterday at CNY 12,955 ($2,115) per metric ton. Chinese aluminum billet saw little change in its price yesterday at CNY 14,600 ($2,383) per metric ton. The price of Chinese aluminum bar continues hovering around CNY 14,200 ($2,318) per metric ton for the fifth day in a row.