
A00 aluminium ingot price has been continuing to hover above RMB 15,000 per tonne since the past ten days, and today, on November 13, the price has exceeded RMB 15,500 per tonne level. Growing by RMB 140 per tonne from RMB 15,490 per tonne on November 12, A00 aluminium ingot price has closed the week on Friday, November 13, at RMB 15,630 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 15,610 per tonne and RMB 15,650 per tonne, with spot contract to be traded at a premium price of RMB 10-30 per tonne, up by RMB 10 per tonne from the previous day.

Chongqing has seen the highest growth in primary aluminium ingot price today of RMB 165 per tonne to come in at RMB 15,570 per tonne, followed by the surge of RMB 160 per tonne in Wuxi and Hangzhou to stand at RMB 15,640 per tonne. A00 aluminium ingot price in Foshan is also hovering at RMB 15,640 per tonne after growing by RMB 130 per tonne. In Shenyang, Tianjin, and Linyi, A00 aluminium ingot price has increased by RMB 150 per tonne to RMB 15,605 per tonne, RMB 15,580 per tonne, and RMB 15,610 per tonne, respectively. In Gongyi, primary aluminium ingot price has climbed by RMB 110 per tonne to come in at RMB 15,550 per tonne.
The price of aluminium alloy (A356) has hiked as well by RMB 150 per tonne to stand at RMB 16,300 per tonne, as of November 13, learned SMM. The average prices are expected to range between RMB 16,250 per tonne and RMB 16,350 per tonne. The prices of aluminium alloys (ADC12) and aluminium alloy (A380) have, however, remained restrained at RMB 15,400 per tonne and RMB 16,300 per tonne.
The input costs show no change except the price of aluminium powder. According to SMM, aluminium powder price has grown by RMB 0.10 per kg to stand at RMB 19.15 per kg.
Responses







