
A00 aluminium ingot price in China has decreased by RMB 50 per tonne to stand at RMB 17,340 per tonne on Tuesday, March 30, following the three consecutive days of hike from RMB 17,080 per tonne to RMB 17,390 per tonne, according to Shanghai Metals Market. The average prices are expected to range between RMB 17,320 per tonne and RMB 17,360 per tonne, with spot contract to be traded at a premium price of RMB 30-10 per tonne.

In Shenyang, A00 aluminium ingot price has declined by RMB 85 per tonne to RMB 17,305 per tonne, followed by the decrease of RMB 80 per tonne in Linyi to RMB 17,320 per tonne. In Hangzhou, primary aluminium ingot price has dwindled by RMB 70 per tonne to RMB 17,350 per tonne, while the price in Foshan and Chongqing has dropped by RMB 60 per tonne to come in at RMB 17,330 per tonne and RMB 17,300 per tonne, respectively. Gongyi and Wuxi have witnessed a decrease of RMB 50 per tonne in A00 aluminium ingot price, while Tianjin has seen relatively slower downfall of RMB 20 per tonne.
Aluminium alloy (A356) price in China has also declined by RMB 50 per tonne on March 30 after three days of hike in a row, found SMM. Data shows the price is standing at RMB 18,050 per tonne, with average prices likely to range between RMB 18,000 per tonne and RMB 18,100 per tonne.
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However, aluminium alloys (ADC12) price and aluminium alloy (A380) price have continued to remain restrained at RMB 17,950 per tonne and RMB 18,950 per tonne, respectively.
Among the primary aluminium input costs, aluminium fluoride price has nosedived by RMB 150 per tonne to RMB 8,575 per tonne after almost two weeks of restraint, according to SMM. The average prices are expected to hover around RMB 8,150-9,000 per tonne.
Aluminium powder price has dipped by RMB 0.10 per kg to stand at RMB 20.85 per kg as of Tuesday, March 30.
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