MetalMiner
Chinese Aluminum Billet and Indian Cash Prices Drop
Edited by : AL CIRCLE
1 min read
On Oct. 29, 2012, the cash price of primary Indian aluminum fell by 1 percent, making it the day’s biggest mover on MetalMiner’s aluminum price index (http://metalminerindx.com/).
On the LME, the aluminum 3-month price declined 0.6 percent to $1,925 per metric ton. The cash price of primary aluminum saw a 0.5 percent decline on the LME to $1,899 per metric ton.
The price of Chinese aluminum billet moved yesterday. After a few changeless days, prices dropped 0.3 percent.
Chinese aluminum cash prices showed little movement on Monday, and Chinese aluminum scrap and Chinese aluminum bar continues hovering in place for the fifth day in a row.
On the LME, the aluminum 3-month price declined 0.6 percent to $1,925 per metric ton. The cash price of primary aluminum saw a 0.5 percent decline on the LME to $1,899 per metric ton.
The price of Chinese aluminum billet moved yesterday. After a few changeless days, prices dropped 0.3 percent.
Chinese aluminum cash prices showed little movement on Monday, and Chinese aluminum scrap and Chinese aluminum bar continues hovering in place for the fifth day in a row.
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