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12 AUGUST 2020 AL CIRCLE

A00 aluminium ingot price slips to RMB 14450/t; Aluminium alloy stands at RMB 15050/t

EDITED BY : HEENA IQBAL 1MINS READ

A00 aluminium ingot price declined by RMB 20 per tonne from Tuesday’s price of RMB 14470 per tonne. The price now stood at RMB 14450 per tonne on Wednesday, 12 August and is expected to move within a range of RMB 14430-14470 per tonne. This marks the third consecutive rise in aluminium ingot price.

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In Foshan and Wuxi, the price inched down by RMB 10 per tonne and RMB 30 per tonne to stand at RMB 14370 per tonne and RMB 14440 per tonne. Their average prices are expected to range within RMB 14350-14390 per tonne and RMB 14430-14450 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 14440 per tonne and 14310 per tonne, down RMB 30 per tonne and RMB 20 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, and Gongyi declined to stand at RMB 14485 per tonne, RMB 14490 per tonne, and RMB 14425 per tonne.

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The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 15050 per tonne each, a decrease of RMB 50 per tonne each. The prices are expected to range at RMB14900-15200 per tonne and RMB14950-15150 per tonne.


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EDITED BY : HEENA IQBAL 1MINS READ

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