MetalMiner
3-month price of LME aluminum fell 1.2 percent
Edited by : AL CIRCLE
1 min read
Aluminum Prices Still Sagging Too
With a decline of 1.4 percent on the LME to $1,873 per metric ton on Oct. 30, 2012, the aluminum cash price recorded the biggest decline of the day on the price index. On the LME, the 3-month price of aluminum fell 1.2 percent to $1,901 per metric ton.
The cash price of primary Indian aluminum, however, rose 1.2 percent on Tuesday.
After remaining flat for three days, the price of Chinese aluminum scrap fell 0.8 percent yesterday. Chinese aluminum billet prices saw a 0.7 percent decline.
The cash price of Chinese aluminum weakened by 0.5 percent, while for the fifth consecutive day, the price of Chinese aluminum bar held flat.
With a decline of 1.4 percent on the LME to $1,873 per metric ton on Oct. 30, 2012, the aluminum cash price recorded the biggest decline of the day on the price index. On the LME, the 3-month price of aluminum fell 1.2 percent to $1,901 per metric ton.
The cash price of primary Indian aluminum, however, rose 1.2 percent on Tuesday.
After remaining flat for three days, the price of Chinese aluminum scrap fell 0.8 percent yesterday. Chinese aluminum billet prices saw a 0.7 percent decline.
The cash price of Chinese aluminum weakened by 0.5 percent, while for the fifth consecutive day, the price of Chinese aluminum bar held flat.
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