26 MARCH 2013MetalMiner
Aluminum prices hovers on the LME
Edited by : AL CIRCLE
1 min read
The day’s biggest mover was the Indian aluminum cash price, which saw a 0.3 percent increase.
On the LME, the aluminum 3-month price declined 0.3 percent to $1,936 per metric ton. The primary aluminum cash price changed direction with a 0.2 percent drop. After two days of improving prices, the metal finished at $1,901 per metric ton on the LME.
Chinese aluminum closed mixed last Friday. The cash price of Chinese aluminum weakened by 0.1 percent. The price of Chinese aluminum scrap held steady. The price of Chinese aluminum billet was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.
On the LME, the aluminum 3-month price declined 0.3 percent to $1,936 per metric ton. The primary aluminum cash price changed direction with a 0.2 percent drop. After two days of improving prices, the metal finished at $1,901 per metric ton on the LME.
Chinese aluminum closed mixed last Friday. The cash price of Chinese aluminum weakened by 0.1 percent. The price of Chinese aluminum scrap held steady. The price of Chinese aluminum billet was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row.
Previous article
China’s limited aluminum stockpiling makes upward pressure on prices
Next articleSMM Morning Review: LME aluminum should fluctuate in the band of USD 1,900-1,940/mt on 27th March
Grow with
AL Circle
