MetalMiner
LME aluminium up in Weekly Aluminum Price Index
Edited by : AL CIRCLE
1 min read
The biggest mover on the weekly Aluminum MMI was the LME aluminum 3-month price, which saw a 1.9 percent increase to $2,132 per metric ton. This week marked the third in a row of rising prices for the metal.
The primary aluminum cash price rose 1.9 percent on the LME this week, closing out the third week of increases at $2,134 per metric ton.
Also closing out the third week of rising prices, the cash price of primary Indian aluminum increased by 0.1 percent.
For the third week in a row, the cash price of Chinese aluminum dropped, falling 0.6 percent. Chinese aluminum billet fell 0.3 percent over the past week. Prices for Chinese aluminum bar remained constant.
Korean 3003 coil premium over 1050 aluminum sheet remained unchanged for the week. Korean 5052 coil premium over 1050 sheet prices held steady as well.
The week finished with no movement for European 5083 aluminum plate. European 1050 aluminum remained essentially flat too.
The primary aluminum cash price rose 1.9 percent on the LME this week, closing out the third week of increases at $2,134 per metric ton.
Also closing out the third week of rising prices, the cash price of primary Indian aluminum increased by 0.1 percent.
For the third week in a row, the cash price of Chinese aluminum dropped, falling 0.6 percent. Chinese aluminum billet fell 0.3 percent over the past week. Prices for Chinese aluminum bar remained constant.
Korean 3003 coil premium over 1050 aluminum sheet remained unchanged for the week. Korean 5052 coil premium over 1050 sheet prices held steady as well.
The week finished with no movement for European 5083 aluminum plate. European 1050 aluminum remained essentially flat too.
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