A00 ingot prices drop further in major China markets; spot alumina remains flat
The prices for A00 Aluminium Ingot for all major markets in China (North, South, East, North-East and South-West) have plunged further after the last gain on June 9 2017.
Currently, among the domestic markets, the prices for A00 Aluminium Ingot for North China market have plunged 1.55% down from RMB 13,600/t on June 14 2017 to RMB 13,390/t on June 15 2017. A00 Aluminium Ingot at South China market plunged from RMB 13,625/t on June 14 to RMB 13,470/t on June 15.
The price in East China market (Zhejiang) dropped from RMB 13,560/t on June 14 to RMB 13,370/t on June 15 and for Jiangsu province it dropped from RMB 13,545/t to RMB 13,370/t.
.jpeg)
For the Northeast China market, the price dropped from RMB 13,590/t on June 14 to RMB 13,380/t today. For the Southwest China market, the price dropped from RMB 13,575/t to RMB 13,365/t on June 15.
A00 Aluminium Ingot in spot China market is trading at discounts-premium of RMB 20-20/t.
{googleAdsense}
As on June 15, price for Aluminium Alloy (A380) in China dropped to RMB 15,550/t and is expected to move within a range of RMB 15,450- 15,650/t over the day. Aluminium Alloy (A356) price dropped from RMB 14,200/t to stand at RMB 14,050 and is expected to move within a range of RMB 14,000- 14,100/t.
Spot alumina prices in all the major Chinese markets remain flat after registering a drop on June 14 2017. Chalco alumina and average imported alumina prices also remain flat in China market.
LME aluminium settles slightly higher but still looks vulnerable
Next articleRusal plans to expand its aluminium & value added output by 2021
Grow with
AL Circle
