A00 aluminium ingot prices rise in major China markets; Chalco hikes its prices too

Primary aluminium ingot prices edged higher across major China markets. As on June 16, A00 aluminium ingot price in North China is ranging between RMB 13,480-13,500 per tonne; average price is RMB 13,490 per tonne, up 0.75 per cent from its previous price.

The price of A00 aluminium ingot in Northeast China is ranging between RMB 13,470-13,490 per tonne. Its average price is RMB 13,480 per tonne, also up by 0.75 per cent from its previous price.

A00 aluminium ingot price in East China- Zhejiang market stands at RMB 13,460-13,480 per tonne with the average price at RMB 13,470 per tonne (+0.75%).

The average price of A00 aluminium ingot in East China- Jiangsu market is also up by 0.64 per cent at RMB 13,455 per tonne.

The maximum rise is overserved in A00 aluminium ingot (Southwest China).  The average price of the primary aluminium variety stands at RMB 13,475 per tonne on Jun16, up by RMB 110 from its previous price.

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

Unit: RMB per tonne

Coming to the aluminium raw materials, Chinese bauxite spot prices have sky-rocketed in mid-June, continuing the uptrend since May. Spot alumina remains unchanged across the board. Prices of other raw materials such as prebaked anode, aluminium fluoride, and cryolite also stay flat across major markets in China.