A00 aluminium ingot price climbs by RMB 120/t; Aluminium alloy (A356) price stands at RMB15150/t
The A00 aluminium ingot price has increased by RMB 120 per tonne on Tuesday, 18 August 2020 after two consecutive drops. The price now stands at RMB 14540 per tonne today and is expected to move within a range of RMB 14520-14560 per tonne.
In Foshan and Wuxi, the price has inched up by RMB 120 per tonne each to stand at RMB 14490 per tonne and RMB 14530 per tonne on Tuesday, 18 August 2020. Their average prices are expected to range within RMB 14470-14510 per tonne and RMB 14520-14540 per tonne. Aluminium prices in Hangzhou and Chongqing has increased to come in at RMB 14520 per tonne and 14420 per tonne, up RMB 100 per tonne and RMB 110 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi has risen to RMB 14565 per tonne, RMB 14500 per tonne, RMB 14630 per tonne, and RMB 14530 per tonne.
The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 15050 per tonne each, an increase of RMB 50 per tonne each. The price of Aluminium Alloy (A356) has increased by RMB 150 per tonne to range at RMB15100-15200 per tonne as on Tuesday, 18 August 2020. Aluminium Alloy (A356) price stands at RMB15150 per tonne.
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As far as raw material is concerned, Alumina (Imported) price stand at RMB 2300 per tonne, representing a rise of RMB 20 per tonne. The average price is expected to move within a range of RMB 2300-2300 per tonne.
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