Primary Indian Aluminum Sees Small Decrease

The Indian aluminum cash price saw the biggest decline of the day, dropping 2.8 percent to close on Thursday, January 30. The 3-month price of aluminum saw a 0.2 percent decline on the LME to $1,753 per metric ton. On the LME, the primary aluminum cash price declined 0.2 percent to $1,710 per metric ton.

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

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