30-Day Low Finishes for 3-Month Price of Aluminum

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Following a two-day decline on the LME, the 3-month price of aluminum climbed up 0.4 percent to end at $1,747 per metric ton on Thursday, December 5. The cash price of primary aluminum rose 0.4 percent on Thursday on the LME, just off the 30-day low of $1,701 per metric ton it hit on Tuesday, December 3. The Indian aluminum cash price declined 0.1 percent.

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Chinese aluminum prices were mixed for the day. The cash price of Chinese aluminum rose 0.2 percent. The price of Chinese aluminum scrap held steady. Chinese aluminum billet held its value on Thursday. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.

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