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14 JANUARY 2019 AL CIRCLE

A00 aluminium ingot price in China plunges; aluminium alloy price follows suit

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price stood at RMB13240 per tonne on January 14, down RMB70 per tonne from RMB13310 per tonne as of January 11. The average prices today are expected to range between RMB 13220 per tonne and RMB 13260 per tonne, with spot discounts to settle at RMB 30-10 per tonne.

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Aluminium ingot prices in the East Wuxi and Hangzhou dropped by RMB 70 per tonne and RMB 75 per tonne to stand at RMB 13235 per tonne and RMB 13250 per tonne, respectively. In Wuxi, the price is expected to range between RMB 13230 per tonne and RMB 13240 per tonne; in Hangzhou, the price is expected to range between RMB 13240 per tonne and RMB 13260 per tonne.

In the South and North, the price slipped by RMB 80 per tonne and RMB 30 per tonne to stand at RMB 13260 per tonne and RMB 13270 per tonne respectively. In the South, the price is expected to range between RMB 13240 per tonne and RMB 13280 per tonne; in the North, the price is expected to range between RMB 13260 per tonne and RMB 13280 per tonne.

Average price of aluminium Alloy (ADC12) decreased RMB 50 per tonne to RMB 14800 per tonne today. The average price is expected to hover between RMB 14700 per tonne and RMB 14900 per tonne.

Aluminium alloy (A356 and A380) also registered a drop of RMB 50 per tonne and RMB 100 per tonne to stand at RMB 13950 per tonne and RMB 15550 per tonne respectively. Their average prices are expected to hover between RMB 13900 per tonne and RMB 14000 per tonne, and RMB 15450 per tonne and RMB 15650 per tonne.


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EDITED BY : HEENA IQBAL 2MINS READ

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