US aluminum export prices decreased across most grades on Thursday as lockdowns imposed by various governments and China’s going back to work created negative and positive ripples in the value chain.
The weekly Davis Index for 95/2 Zorba decreased slightly to 35.1¢/lb fas US ports, from 35.2¢/lb fas last week, while 99/3 Zorba decreased by 2.5¢ to 37.5¢/lb fas US ports on Thursday.
The index for Taint/Tabor decreased by 1.3¢/lb to 38.5¢/lb fas US ports while Tense dropped by 2.1¢/lb to 39¢/lb fas US ports. The index for A356 wheel benefited over the week, increasing by2.5¢/lb to 57.5¢/lb, on Thursday.
The official three-month LME aluminum price decreased by $57/mt to close at $1483/mt on Thursday from $1,540/mt on March 26.