Cash Price of Primary Indian Aluminum Improves 1.6%

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Metal Prices, Premium

Rising 1.6 percent to close at INR 112.00 ($1.82) per kilogram, the cash price of primary Indian aluminum experienced the biggest change for Thursday, December 12. On the LME, the 3-month price of aluminum increased 0.4 percent to $1,815 per metric ton. On the LME, the primary aluminum cash price inched up 0.4 percent to $1,769 per metric ton.

Chinese aluminum prices closed flat for the day. The Chinese aluminum cash price showed little movement yesterday at CNY 14,330 ($2,360) per metric ton. The price of Chinese aluminum scrap held steady at CNY 12,200 ($2,009) per metric ton. The price of Chinese aluminum billet saw essentially no change for the fifth day in a row, remaining around CNY 14,200 ($2,339) per metric ton. The price of Chinese aluminum bar saw little movement at CNY 14,200 ($2,339) per metric ton.

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