A00 ingot prices drop further in major China markets; spot alumina remains flat

<p>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.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/a00ingot15june.png" alt="News" width="755" height="316" /></p> <p>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. &nbsp;</p> <p>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.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chart%20(12).jpeg" alt="News" width="517" height="226" /></p> <p>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.</p> <p>A00 Aluminium Ingot in spot China market is trading at discounts-premium of RMB 20-20/t.</p> <p>{googleAdsense}</p> <p>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.</p> <p>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.</p> <p>&nbsp;</p>