Cash Price of Primary Indian Aluminum Drifts Downwards

by on

The Indian aluminum cash price saw a 0.6 percent drop on Thursday, January 9, making it the biggest mover of the day. On the LME, the cash price of primary aluminum gained 0.2 percent to finish at $1,736 per metric ton. After a 0.1 percent increase, the aluminum 3-month price finished the day on the LME at $1,782 per metric ton.

* Get the complete prices every day on the MetalMiner IndX℠

Chinese aluminum prices closed flat for the day. After dropping for two days, the Chinese aluminum cash price flattened. After a couple of days of decreasing prices, the price of Chinese aluminum scrap held steady. The price of Chinese aluminum billet was unchanged. For the fifth consecutive day, the price of Chinese aluminum bar held flat.

FREE Download: The Monthly MMI® Report – covering the Aluminum market.