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28 MAY 2019 AL CIRCLE

A00 aluminium ingot price registers a drop after two days; Aluminium Alloy (A356) price down RMB50/t

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price dropped after two consecutive increases and stood at RMB14300 per tonne on Tuesday, 28 May 2019. This was down RMB50 per tonne or 0.35 per cent from RMB14350 per tonne on Monday, May 27. The average price is expected to range at RMB14280-14320 per tonne Spot aluminium price is likely to be traded at a premium of RMB40 per tonne.

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Aluminium ingot price in Foshan came in at RMB 14410 per tonne, down RMB50 per tonne from RMB 14460 per tonne. The average price is expected to range at RMB14390-14430 per tonne today. Ingot price in Wuxi and Hangzhou declined RMB 50 per tonne and RMB 55 per tonne to stand at RMB 14280 per tonne and RMB 14320 per tonne.

Aluminium ingot price in Chongqing, Shenyang, Tianjin, Linyi and Gongyi stood at RMB 14340 per tonne, RMB 14335 per tonne, RMB 14290 per tonne, RMB 14360 per tonne and RMB 14220 per tonne.

The price of Aluminium Alloy (A356) registered a decline of RMB50 per tonne on Tuesday. The aluminium alloy price stood at RMB14950 per tonne. The price is expected to range at RMB14900-15000 per tonne. The average price of Aluminium Alloy (ZLD102) and Aluminium Alloy (ZLD104) declined RMB50 per tonne each to stand at RMB15050 per tonne and RMB15000 per tonne.


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EDITED BY : HEENA IQBAL 2MINS READ

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