Cash Price of Primary Indian Aluminum Sees Small Price Drop

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On Wednesday, November 27, the cash price of primary Indian aluminum fell by 1.7 percent, making it the day’s biggest mover. On the LME, the aluminum 3-month price gained 0.3 percent to finish at $1,781 per metric ton. The cash price of primary aluminum saw little movement on Wednesday on the LME, closing out around $1,734 per metric ton.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap remained essentially flat. The price of Chinese aluminum billet remained essentially flat. For the fifth consecutive day, the price of Chinese aluminum bar held flat. The cash price of Chinese aluminum showed little movement yesterday.

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