A00 aluminium price records a hike of RMB60/t; expected to move within a range of RMB 13980-14020/t
A00 aluminium ingot price stood at RMB 14000 per tonne on Wednesday, 30 October 2019, up RMB 60 per tonne or 0.43 per cent from Tuesday, after a drop of RMB 60 per tonne yesterday. The price is expected to move within a range of RMB 13980-14020 per tonne.
Graph Source: Shanghai Metals Market
Foshan witnessed the highest growth in aluminium ingot price today. The price in Foshan stood at RMB 13900 per tonne, up by RMB 60 per tonne from its previous price. The average price is likely to range at RMB 13880-13920 per tonne.
In Wuxi and Hangzhou, aluminium ingot price climbed by RMB 50 per tonne and RMB 40 per tonne to stand at RMB 14000 per tonne and RMB 13990 per tonne. Their average prices are expected to range within RMB 13990-14010 per tonne and RMB 13980-14000 per tonne. Chongqing aluminium price was up by RMB 50 per tonne to RMB 13960 per tonne.
Aluminium ingot prices in Shenyang and Tianjin stood at RMB 13945 per tonne and RMB 13970 per tonne, up RMB 40 per tonne. The prices in Linyi and Gongyi increased to stand at RMB 13995 per tonne and RMB 13880 per tonne.
The prices of alumina, bauxite, aluminium alloy and prebaked anode remain unchanged today.
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