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24 JANUARY 2019 AL CIRCLE

A00 aluminium ingot price increases further, aluminium alloy (A356) price up by RMB100/t

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price increased further to RMB13470 per tonne on January 24, registering a growth of RMB80 per tonne from the previous day. The average prices today are expected to range between RMB 13450 per tonne and RMB 13490 per tonne, with spot discounts to settle at RMB 70-30 per tonne.

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Aluminium ingot prices in the East Wuxi and Hangzhou increased by RMB  80 per tonne and RMB 60 per tonne to stand at RMB 13465 per tonne and RMB 13450 per tonne, respectively. Their average prices are expected to hover between RMB 13460 per tonne and RMB 13470 per tonne, and RMB 13440 per tonne and RMB 13460 per tonne.

Ingot price in South China rose by RMB 90 per tonne to stand at RMB 13500 per tonne, price of ingot in North China increased by RMB50 per tonne to RMB 13450 per tonne.

Aluminium alloy (A356) price jumped by RMB 100 per tonne to RMB 14150 per tonne today. The average price is expected to hover between RMB 14100 per tonne and RMB 14200 per tonne. The price of Aluminium alloy (ADC12) remains unchanged at RMB 14850 per tonne.

Aluminium alloy (ZLD102 and ZLD104) also increased by RMB 100 per tonne to stand at RMB 14200 per tonne and RMB 14150 per tonne respectively. Their average prices are expected to hover between RMB 14050 - 14350 per tonne and RMB 14050 - 14250 per tonne.


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EDITED BY : HEENA IQBAL 2MINS READ

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