30 JULY 2012Forexpros
Primary Indian Aluminum cash price up slightly
Edited by : AL CIRCLE
1 min read
The Indian aluminum cash price saw the biggest upward shift yesterday, rising on1%.
Following a two-day drop, the three-month price of aluminum increased by 0.6% on the LME, to $1,871 per metric ton. The primary aluminum cash price rose 0.2% on the LME, to $1,839 per metric ton after a two-day drop.
Chinese aluminum prices were mixed on the day.
Chinese aluminum billet fell 1% yesterday, the Chinese aluminum cash price fell 0.9% while the Chinese aluminum scrap price was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining at $2,200 per metric ton.
Following a two-day drop, the three-month price of aluminum increased by 0.6% on the LME, to $1,871 per metric ton. The primary aluminum cash price rose 0.2% on the LME, to $1,839 per metric ton after a two-day drop.
Chinese aluminum prices were mixed on the day.
Chinese aluminum billet fell 1% yesterday, the Chinese aluminum cash price fell 0.9% while the Chinese aluminum scrap price was essentially unchanged. The price of Chinese aluminum bar saw essentially no change for the fifth day in a row, remaining at $2,200 per metric ton.
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