Cash Price of Primary Indian Aluminum Lower

by on
Style:
Category:
Metal Prices, Premium

The day’s biggest mover was the cash price of primary Indian aluminum which dropped by 0.7 percent on Friday, November 22 to close at INR 112.20 ($1.78) per kilogram. On the LME, the aluminum 3-month price declined 0.6 percent to $1,776 per metric ton. On the LME, the cash price of primary aluminum fell 0.5 percent to $1,730 per metric ton.

Chinese aluminum closed mixed last Friday. The price of Chinese aluminum billet fell 0.3 percent to CNY 14,250 ($2,338) per metric ton. The Chinese aluminum cash price saw little movement at CNY 14,350 ($2,355) per metric ton. The price of Chinese aluminum scrap saw essentially no change for the fifth day in a row, remaining around CNY 12,740 ($2,090) per metric ton. The price of Chinese aluminum bar held steady at CNY 14,200 ($2,330) per metric ton.

{Comments Off on Cash Price of Primary Indian Aluminum Lower Comments Off on Cash Price of Primary Indian Aluminum Lower}