A00 aluminium ingot price stands at RMB13900/t; Al Fluoride price down by RMB300/t

A00 aluminium ingot price has extended its decline to RMB 13900 per tonne on Wednesday, 13 November 2019, from its previous price of RMB 13910 per tonne on 12 November. This marks a drop of RMB 10 per tonne or 0.07 per cent. The price is expected to range within RMB 13880-13920 per tonne. Spot aluminium price is likely to be traded at a discount of RMB 210-170 per tonne.

Source: Shanghai Metals Market

Shenyang has witnessed the highest drop in aluminium ingot price. The price stands at RMB 13925 per tonne on Wednesday, down by RMB 40 per tonne from Tuesday. The average price is likely to range at RMB 13920-13930 per tonne. In Hangzhou and Chongqing has declined by RMB 20 per tonne each to stand at RMB 13920 per tonne and RMB 13870 per tonne. Their average prices are expected to range within RMB 13910-13930 per tonne and RMB 13850-13890 per tonne. Wuxi aluminium price is down by RMB 15 per tonne to RMB 13905 per tonne.

Aluminium ingot prices in Foshan and Gongyi stand at RMB 13850 per tonne and RMB 13800 per tonne, up RMB 10 per tonne and RMB 50 per tonne.

Al Fluoride price has dropped by RMB 300 per tonne to stand at RMB 8100 per tonne. The average price is likely to range at RMB 8000-8200 per tonne.

Aluminium alloy (ADC12) price is up by RMB 50 per tonne or 0.35 per cent today. The price increased from RMB 14450 per tonne to RMB 14500 per tonne. The price is expected to range at RMB 14400 per tonne-14600 per tonne. The prices of aluminium alloys in East, South, and West stand at RMB 14500 per tonne, RMB 14450 per tonne, and RMB 14200 per tonne, up RMB50 per tonne each.