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14 JUNE 2019 AL CIRCLE

A00 aluminium ingot price records a drop; Australian alumina FOB continues downward trend

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price again dropped to RMB 13970 per tonne on Friday, 14 June 2019. That was down RMB90 per tonne from yesterday. The average price is expected to range at RMB13950-13990 per tonne. Spot aluminium price is likely to be traded at a discount of RMB 10 per tonne to premium of RMB 30 per tonne.

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Aluminium ingot price in Foshan came in at RMB 14050 per tonne, down RMB11 0 per tonne. The average price is expected to range at RMB14030-14070 per tonne today. Ingot price in Wuxi and Hangzhou declined RMB 60 per tonne and RMB 70 per tonne to stand at RMB 13975 per tonne and RMB 14000 per tonne.

Aluminium ingot price in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stood at RMB 13980 per tonne, RMB 14015 per tonne, RMB 14000 per tonne, RMB 14090 per tonne and RMB 13895 per tonne.

Australian alumina FOB price stood at USD 340 per tonne on Friday, down USD 8 per tonne. The price is expected to range within USD 340 per tonne.

The price of Aluminium Alloy (A356) registered a decline of RMB50 per tonne on Friday, 14 June 2019. The aluminium alloy price stood at RMB14700 per tonne. The price is expected to range at RMB14650-14750 per tonne. The average price of Aluminium Alloy (ZLD102) and Aluminium Alloy (ZLD104) declined RMB50 per tonne each to stand at RMB14750 per tonne and RMB14700 per tonne.


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EDITED BY : HEENA IQBAL 2MINS READ

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