Cash Price of Primary Indian Aluminum Declines After Improvement

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The cash price of primary Indian aluminum fell 3.2 percent on Friday, November 8, making it the day’s biggest mover. The aluminum 3-month price saw a 0.5 percent decline on the LME to $1,820 per metric ton. On the LME, the primary aluminum cash price fell 0.5 percent to $1,776 per metric ton.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap saw little movement. The price of Chinese aluminum billet held steady. The price of Chinese aluminum bar was unchanged. The cash price of Chinese aluminum remained essentially flat.

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