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29 OCTOBER 2020 AL CIRCLE

A00 aluminium ingot price declines by RMB 30/t; Aluminium Alloy (A356) price stands at RMB15300/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price has declined by RMB 30 per tonne to stand at RMB 14880 per tonne on Thursday, 29 October 2020 from its previous price of RMB 14740 per tonne on October 28. This marks the third consecutive decline in aluminium ingot price. The price is expected to range at RMB 14690-14730 per tonne.

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In Foshan and Wuxi, the price has decreased by RMB 40 per tonne and RMB 10 per tonne to stand at RMB 14680 per tonne and RMB 14740 per tonne. Their average prices are expected to range within RMB 14660-14700 per tonne and RMB 14720-14760 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 14750 per tonne and RMB 14670 per tonne, down RMB 15 per tonne and RMB 20 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, and Linyi have dropped to stand at RMB 14690 per tonne, RMB 14740 per tonne, and RMB 14790 per tonne, down RMB 40 per tonne, RMB 20 per tonne and RMB 20 per tonne.

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Aluminium Alloy (A356) price has decreased by RMB 50 per tonne to RMB 15300 per tonne on Thursday, 29 October 2020. The price is expected to move within a range of RMB 15250- 15350 per tonne. 


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EDITED BY : HEENA IQBAL 2MINS READ

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