A00 ingot prices drop in major China markets; Chalco alumina registers a gain

<p>The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have plunged further after the last gain on June 2 2017.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/a00ingot6june.png" alt="News" width="755" height="318" /></p> <p>Currently, among the domestic markets, the prices for A00 Aluminium Ingot for North China market have plunged 0.66% down from RMB 13,690/t on June 5 2017 to RMB 13,600/t on June 6 2017. A00 Aluminium Ingot at South China market plunged from RMB 13,735/t on June 5 to RMB 13,630/t on June 6. &nbsp;</p> <p>The price in East China market (Zhejiang) dropped from RMB 13,680 /t on June 5 to RMB 13,590/t on June 6 and for Jiangsu province it dropped from RMB 13,670/t to RMB 13,580/t. For the Northeast China market, the price dropped from RMB 13,670 /t on June 5 to RMB 13,610/t. For the Southwest China market, the price dropped from RMB 13,710 /t to RMB 13,615/t on June 6.</p> <p>A00 Aluminium Ingot in spot China market is trading at discounts of RMB 70-30/t.</p> <p>As on June 6, price for Aluminium Alloy (A380) in China remains flat at RMB 15,650/t and is expected to move within a range of RMB 15,550- 15,750/t over the day. Aluminium Alloy (A356) price dropped from RMB 14,350/t to stand at RMB 14,250 on June 6 and is expected to move within a range of RMB 14,300- 14,400/t.</p> <p>{googleAdsense}</p> <p>Spot alumina prices in all the major Chinese markets remain flat after registering a gain on June 5 2017.</p> <p>As on June 6 2017, as reported by Shanghai Metals Market; the average spot alumina price in East China market stands at RMB 2,610 /t.&nbsp; In the Central China Market, the average spot alumina price stands at RMB 2,600 /t. The average spot alumina price in South China stands at RMB 2,570/t today and in the North China Market, the price stands at RMB 2,600/t. Market price difference between North China and South China remains unchanged at RMB 30/t today.</p> <p><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chalco%20alumina.jpeg" alt="News" width="517" height="226" /></p> <p>Chalco alumina prices gained 3.92% to RMB 2,650/t on June 5 after a week of flat run. On June 6, Chalco alumina prices remain unchanged and are expected to move within a range of RMB 2,600- 2,700/t. In the import market; average imported alumina price remains flat at RMB 2,800/t and it is expected to move within a range of RMB 2,770- 2,830/t.&nbsp;</p>