Prices Reach 30-Day Low for LME 3-Month Price of Aluminum

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On Tuesday, February 4, the aluminum 3-month price fell by 0.4 percent on the LME, landing at $1,701 per metric ton and making it the day’s biggest mover. Primary cash aluminum saw its price drop on the LME 0.3 percent to a 30-day low of $1,658 per metric ton on Tuesday. The cash price of primary Indian aluminum fell 0.3 percent.

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Chinese aluminum prices were flat for the day. The price of Chinese aluminum scrap held steady. The price of Chinese aluminum billet saw little movement. The price of Chinese aluminum bar remained essentially flat. The cash price of Chinese aluminum was unchanged.

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