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

<p>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.</p> <p>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.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/SMMJune19.png" alt="News" width="517" height="185" /></p> <p>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%).</p> <p>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%).</p> <p>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.</p> <p>The maximum rise is overserved in A00 aluminium ingot (Southwest China).&nbsp; 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.</p> <p>{googleAdsense}</p> <p>China Aluminum International Trading Co. (Chalco Trading) has cut the aluminium prices it offered in major markets today. The revised prices are as follows:</p> <p>Unit: RMB per tonne</p> <p><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/ChalcoJune19.png" alt="News" width="429" height="201" /></p> <p>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&lt;7.0)Henan at RMB 380 per tonne. Spot alumina prices also show a flat trend across the board.&nbsp;</p>