
According to the Shanghai Metals Market, A00 aluminium ingot price in China has extended its growth on Thursday, November 26, albeit much slower than the previous day, to continue to remain above RMB 16,000 per tonne. The price is standing at RMB 16,130 per tonne growing by RMB 10 per tonne. The average prices are expected to range between RMB 16,110 per tonne and RMB 16,150 per tonne, with spot contract to be traded at a premium price of RMB 100-140 per tonne, up by RMB 10 per tonne from November 25.

Except for Foshan, the increase in A00 aluminium ingot has touched upon all the major markets in China. In Foshan, the price has dropped by RMB 20 per tonne to RMB 16,230 per tonne. Hangzhou has seen the highest rise today of RMB 80 per tonne to RMB 16,230 per tonne, followed by the hike of RMB 35 per tonne in Shenyang to RMB 16,090 per tonne. In Wuxi, Chongqing, and Tianjin, A00 aluminium ingot price has grown by RMB 30 per tonne to RMB 16,160 per tonne, RMB 16,120 per tonne, and RMB 16,090 per tonne, respectively. In Linyi and Gongyi, the primary aluminium ingot price has dipped by RMB 20 per tonne and RMB 10 per tonne, respectively, to stand at RMB 16,160 per tonne and RMB 15,990 per tonne.
Aluminium alloys (ADC12) price has grown by RMB 50 per tonne to stand at RMB 15,850 per tonne on November 26, learned SMM. The average prices are expected to range between RMB 15,750 per tonne and RMB 15,950 per tonne.
The price of aluminium alloy (A380) has grown as well by RMB 50 per tonne to RMB 16,750 per tonne, with average prices estimated to range between RMB 16,650 per tonne and RMB 16,850 per tonne. Aluminium alloy (A356) price has, however, remained restrained at RMB 16,800 per tonne.
Coming to the primary aluminium input costs, none has recorded any changes today, according to SMM.
Responses







