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15 OCTOBER 2020 AL CIRCLE

A00 aluminium ingot price declines by RMB 20/t; Australian alumina FOB price stands USD 10/t higher

EDITED BY : HEENA IQBAL 1MINS READ

A00 aluminium ingot price records a drop of RMB 20 per tonne on Thursday, 15 October 2020 after four consecutive increases. The price stands at RMB14960 per tonne today, from its previous price of RMB 14980 per tonne. The price is expected to move within a range of RMB 14940-14980 per tonne.

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In Foshan and Wuxi, the price has dropped by RMB 10 per tonne and RMB 30 per tonne to stand at RMB 14830 per tonne and RMB 14950 per tonne. Aluminium prices in Hangzhou and Chongqing have reduced to stand at RMB 14945 per tonne and 14950 per tonne, down RMB 35 per tonne and RMB 15 per tonne.

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Aluminium ingot prices in Shenyang, Tianjin, Linyi and Gongyi have declined to stand at RMB 14940 per tonne, RMB 14920 per tonne, RMB 14915 per tonne and RMB 14810 per tonne.

 Australian alumina FOB price stands USD 10 per tonne higher at USD 275 per tonne on Thursday, 15 October 2020, after remaining flat at USD 265 per tonne for three days.


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EDITED BY : HEENA IQBAL 1MINS READ

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