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08 JUNE 2020 AL CIRCLE

A00 aluminium price inches up by RMB 220/t; Aluminium alloy (A356) price stands higher at RMB14400/t

EDITED BY : HEENA IQBAL 2MINS READ

A00 aluminium ingot price registered an increase of RMB 220 per tonne or 1.63 per cent from Friday’s price of RMB 13480 per tonne. The price now stood at RMB 13700 per tonne on Monday, 08 June 2020 and is expected to move within a range of RMB 13680-13720 per tonne. Spot aluminium contract is likely to be traded at a premium of 40-80 per tonne.

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In Foshan and Wuxi, the price rose by RMB 240 per tonne and RMB 210 per tonne to stand at RMB 13710 per tonne and 13670 per tonne. Their average prices are expected to range within RMB 13690-13730 per tonne and RMB 13660-13680 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 13700 per tonne and 13710 per tonne, up RMB 210 per tonne and RMB 240 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 13625 per tonne, RMB 13660 per tonne, RMB 13660 per tonne, and RMB 13630 per tonne.

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The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 14300 per tonne each, an increase of RMB 200 per tonne each. The Aluminium alloy (A356) inched up by RMB 200 per tonne to RMB 14400 per tonne on Monday, 08 June 2020.


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EDITED BY : HEENA IQBAL 2MINS READ

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