A00 aluminium ingot price in Tianjin mounts to RMB18,860/t; Low carbon aluminium price inches down by RMB1/t
On Tuesday, November 15, A00 aluminium ingot price in China has shown no change to settle at RMB 18,780 per tonne. The prices in Tianjin and Gongyi have grown by RMB 100 per tonne and RMB 30 per tonne to stand at RMB 18,860 per tonne and RMB 18,680 per tonne. On the other hand, in other regions like Foshan, Wuxi and Hangzhou, the price has remained restrained to close at RMB 18,960 per tonne, RMB 18,780 per tonne and RMB 18,800 per tonne. In Chongqing and Shenyang, the price has shown no change to reside at RMB 18,950 per tonne and RMB 18,720 per tonne.
The high purity aluminium (99.99%) price and high purity aluminium (99.996%) price have also remained unchanged at RMB 27,000 per tonne and RMB 28,000 per tonne. The domestic price of low carbon aluminium in China has inched down by RMB 1 per tonne to halt at RMB 19,562 per tonne.
As per the SMM data, both aluminium alloys (ADC12) price and aluminium alloy (A356) price have remained restrained at RMB 19,200 per tonne and RMB 20,050 per tonne. Aluminium alloy (A380) price has also shown no change to peg at RMB 20,200 per tonne.
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The price of aluminium powder has also stood unchanged to rest at RMB 20.5 per kg, with the average prices standing the same between RMB 20.4 per kg to RMB 20.6 per kg.
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