The LME aluminum cash price rose 0.6 percent in Jan
The LME aluminum cash price rose 0.6 percent on Jan. 18, 2013, making it the day’s biggest mover on our aluminum price index. After two days of falling prices on the LME, it closed at $2,003 per metric ton.
Following a two-day drop, the aluminum 3-month price increased by 0.4 percent on the LME to $2,040 per metric ton.
The cash price of primary Indian aluminum declined 0.3 percent.
Chinese aluminum prices were mixed for the day.
The cash price of Chinese aluminum gained 0.2 percent. The price of Chinese aluminum scrap continues to hover in place for the fifth day in a row.
After dropping for two days, the price of Chinese aluminum billet flattened as well. The price of Chinese aluminum bar saw little movement.
Brazilian primary aluminium production down 0.3% in 2012
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