A00 aluminium ingot prices inch higher in major China markets; Chalco cuts its prices

Primary aluminium ingot prices edged higher across major China markets. As on Monday, June 19, A00 aluminium ingot price in North China ranges between RMB 13,540-13,560 per tonne; average price stands at RMB 13,550 per tonne, up 0.44 per cent from its previous price of RMB 13,490 per tonne.

The price of A00 aluminium ingot (South China) is ranging between RMB 13,620-13,670 per tonne. The average price is the highest at RMB 13,645 per tonne, up 0.52 per cent from its previous price of RMB 13,470 per tonne.

A00 aluminium ingot price in East China- Zhejiang market stands at RMB 13,520-13,530 per tonne with the average price at RMB 13,525 per tonne (+0.41%).

A00 aluminium ingot price in Northeast China market stands at RMB 13,500-13,530 per tonne with the average price at RMB 13,515 per tonne (+0.26%).

The average price of A00 aluminium ingot in East China- Jiangsu market is also up by 0.56 per cent at RMB 13,530 per tonne. The price of the metal contract is hovering in the range of RMB 13,520-13,540 per tonne.

The maximum rise is overserved in A00 aluminium ingot (Southwest China).  The average price of the primary aluminium variety stands at RMB 13,555 per tonne on Jun19, up by RMB 80 (+0.59%) from its previous price RMB 13,475 per tonne.

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China Aluminum International Trading Co. (Chalco Trading) has cut the aluminium prices it offered in major markets today. The revised prices are as follows:

Unit: RMB per tonne

Coming to the aluminium raw materials, Chinese spot bauxite prices remain unchanged in major China markets. The highest average price is recorded for Bauxite (6.0=Al/Si<7.0)Henan at RMB 380 per tonne. Spot alumina prices also show a flat trend across the board.