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15 JULY 2020 AL CIRCLE

A00 aluminium ingot price extends drop by RMB 80/t; Al Fluoride price stands at RMB 7600/t

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price edged lower by RMB 80 per tonne to stand at RMB 14820 per tonne on Wednesday, 15 July 2020, from Tuesday’s price of RMB 14900 per tonne. This marked the second consecutive fall in aluminium ingot price. The price is expected to range at RMB 14800-14840 per tonne. 

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In Foshan and Wuxi, the price fell by RMB 40 per tonne and RMB 75 per tonne to stand at RMB 14760 per tonne and RMB 14830 per tonne. Their average prices are expected to range within RMB 14740-14780 per tonne and RMB 14820-14840 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 14840 per tonne and RMB 14695 per tonne, down RMB 110 per tonne and RMB 65 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi dropped to stand at RMB 14685 per tonne, RMB 14770 per tonne, RMB 14760 per tonne, and RMB 14655 per tonne.

Al Fluoride price rose by RMB 250 per tonne to stand at RMB 7600 per tonne. The average price is likely to range at RMB 7500-7700.

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Aluminium Alloy (A356) price was down by RMB 100 per tonne to RMB 15400 per tonne and is expected to move within a range of RMB 15350- 15450 per tonne. The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 15450 per tonne each, a decrease of RMB 50 per tonne each.


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EDITED BY : HEENA IQBAL 2MINS READ

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