A00 aluminium ingot price in Shenyang grows by RMB25/t to RMB 18,405/t; Low carbon aluminium price moves up by RMB5/t
On Wednesday, September 7, the A00 aluminium ingot price in China reflected no change to settle at RMB 18,400 per tonne, with the average prices ranging between RMB 18,380 per tonne and RMB 18,420 per tonne and the spot contract price expected to be traded at a discount price of RMB 60 per tonne to RMB 20 per tonne.
As per the SMM data, the price in Shenyang and Tianjin has increased by RMB 25 per tonne and RMB 20 per tonne to close at RMB 18,405 per tonne and RMB 18,420 per tonne. The price in other provinces like Gongyi and Foshan has shown no change settling at RMB 18,340 per tonne and RMB 18,320 per tonne. On the same day, the price in Wuxi and Hangzhou stood at RMB 18,380 per tonne and RMB 18,430 per tonne. Chongqing and Linyi's price has reflected no change to record at RMB 18,410 per tonne and RMB 18,400 per tonne.
The domestic price of low-carbon aluminium has ascended by RMB 5 per tonne to stop at RMB 18,933 per tonne.
According to the data shown by SMM, high purity aluminium (99.99%) price and high purity aluminium (99.996%) price have shown no alteration today.
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The price of aluminium alloys (ADC12) and aluminium alloy (A356) has also remained restrained to close at RMB 19,100 per tonne and RMB 19,750 per tonne. The aluminium alloy (A380) price has shown no change to peg at RMB 20,100 per tonne.
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