Cash Price of Primary Indian Aluminum Lower

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On Wednesday, December 18, the Indian aluminum cash price fell by 0.3 percent, making it the day’s biggest mover. The cash price of primary aluminum flattened at $1,745 per metric ton after two days of downward movement on the LME. The aluminum 3-month price steadied at $1,790 per metric ton following two-days of dropping prices on the LME.

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Chinese aluminum prices closed flat for the day. For the fifth consecutive day, the price of Chinese aluminum scrap held flat. The price of Chinese aluminum billet was unchanged. The price of Chinese aluminum bar continues to hover for the fifth day in a row. The Chinese aluminum cash price held steady.

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