Primary Indian Aluminum Lowers; LME 3-Month Aluminum Declines

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The day’s biggest mover was the Indian aluminum cash price which dropped by 0.9 percent on Friday, December 20. The 3-month price of aluminum saw a 0.9 percent decline on the LME to $1,781 per metric ton. The primary aluminum cash price weakened by 0.8 percent on the LME, settling at $1,735 per metric ton.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap remained essentially flat. For the fifth consecutive day, the price of Chinese aluminum billet held flat. The price of Chinese aluminum bar continues to hover for the fifth day in a row. The Chinese aluminum cash price saw little movement last Friday.

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