MetalMiner
China Aluminum, Copper Prices Up in Base Metal Market
Edited by : AL CIRCLE
1 min read
The aluminum 3-month price saw a 0.6 percent drop on the LME on Nov. 19, 2012, landing at $1,942 per metric ton and making it the biggest mover of the day on MetalMiner’s aluminum price index.
The primary aluminum cash price weakened by 0.5 percent on the LME, settling at $1,921 per metric ton. The cash price of primary Indian aluminum rose 0.3 percent after a two-day drop.
Chinese aluminum billet prices also rose 0.3 percent. The Chinese aluminum cash price rose 0.1 percent. For the fifth day in a row, the price of Chinese aluminum scrap remained essentially flat, and the price of Chinese aluminum bar saw little movement.
The primary aluminum cash price weakened by 0.5 percent on the LME, settling at $1,921 per metric ton. The cash price of primary Indian aluminum rose 0.3 percent after a two-day drop.
Chinese aluminum billet prices also rose 0.3 percent. The Chinese aluminum cash price rose 0.1 percent. For the fifth day in a row, the price of Chinese aluminum scrap remained essentially flat, and the price of Chinese aluminum bar saw little movement.
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