Primary Indian Aluminum Shifts Up

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Rising 2.0 percent to close, the Indian aluminum cash price experienced the biggest change for Wednesday, February 5. The primary aluminum cash price fell to a 30-day low at $1,641 per metric ton after shifting 1.0 percent. The aluminum 3-month price reached a 30-day low on the LME after decreasing 0.9 percent to $1,686 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 was unchanged. The Chinese aluminum cash price saw essentially no change for the fifth day in a row.

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