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03 APRIL 2019 AL CIRCLE

A00 aluminium ingot prices in China extend gains; Aluminium Fluoride price down RMB500/t

EDITED BY : HEENA IQBAL 1MINS READ

A00 aluminium ingot price increased further to RMB13770 per tonne on Wednesday, 03 April 2019, registering a growth of RMB10 per tonne or 0.07 per cent from yesterday. The average price is expected to range between RMB13750-13790 per tonne, with spot premium to settle at RMB10-30 per tonne.

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Aluminium ingot price in the East (Wuxi) increased RMB5 per tonne to RMB13755 today, while that in East (Hangzhou) dropped RMB5 per tonne to RMB13770 per tonne. In the south, the price stood at 13760 per tonne, up RMB30 per tonne from yesterday. Aluminium ingot price in the North decreased to RMB13720 per tonne.  

The average Aluminium Fluoride price declined RMB500 per tonne or 5 per cent to RMB9500 per cent on Wednesday, 03 April 2019. The average price is expected to hover between RMB9400 per tonne and RMB9600 per tonne.

The average Bauxite CIF price is US$45 per tonne as on April 3. This marks an increase of 3.45 per cent from US$43.5 per tonne. The average price is expected to hover between US$43 per tonne and US$47 per tonne. Bauxite prices in four of China’s major market remained unchanged today.


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EDITED BY : HEENA IQBAL 1MINS READ

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