MetalMiner
Indian, Chinese, and LME aluminum prices at odds
Edited by : AL CIRCLE
1 min read
The cash price of primary Indian aluminum saw a 1.2 percent drop on April 11, 2013, making it the biggest mover of the day on MetalMiner’s price index.
On the LME, the cash price of primary aluminum rose 1.0 percent to $1,878 per metric ton. On the LME, the aluminum 3-month price gained 0.9 percent to finish at $1,913 per metric ton.
Chinese aluminum closed mixed on Thursday. The Chinese aluminum cash price finished the market day up 0.5 percent per metric ton. The price of Chinese aluminum scrap held steady. Following a two-day rise, the price of Chinese aluminum billet flattened, and for the fifth consecutive day, the price of Chinese aluminum bar held flat also.
On the LME, the cash price of primary aluminum rose 1.0 percent to $1,878 per metric ton. On the LME, the aluminum 3-month price gained 0.9 percent to finish at $1,913 per metric ton.
Chinese aluminum closed mixed on Thursday. The Chinese aluminum cash price finished the market day up 0.5 percent per metric ton. The price of Chinese aluminum scrap held steady. Following a two-day rise, the price of Chinese aluminum billet flattened, and for the fifth consecutive day, the price of Chinese aluminum bar held flat also.
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