Cash Price of Primary Indian Aluminum Lower

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With a decline of 0.3 percent on Monday, December 23, the cash price of primary Indian aluminum recorded the biggest decline of the day. After a 0.2 percent increase, the primary aluminum cash price finished the day on the LME at $1,738 per metric ton. On the LME, the aluminum 3-month price gained 0.2 percent to finish at $1,784 per metric ton.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap remained essentially flat. The price of Chinese aluminum billet continues to hover for the fifth day in a row. The price of Chinese aluminum bar held steady. The Chinese aluminum cash price held steady.

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