Chinese Aluminum Cash Price Improves

On Monday, December 9, the Chinese aluminum cash price experienced the biggest change, rising 0.1 percent. For the fifth consecutive day, the price of Chinese aluminum bar held flat. Chinese aluminum billet held its value on Monday. The price of Chinese aluminum scrap showed little movement on Monday.

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Following two days of downward movement, the cash price of primary Indian aluminum held steady. The 3-month price of aluminum flattened at $1,773 after two days of improvement on the LME. Following a two-day rise on the LME, the primary aluminum cash price flattened at $1,728.

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