A00 ingot prices inch higher for two consecutive days in major China markets; raw material prices remain flat

<p>The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have registered a rise for two consecutive days after the last drop on June 27 2017.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/a0029%20ingot.png" alt="News" width="640" height="318" /></p> <p>On June 29 2017, among the domestic markets, the average prices for A00 Aluminium Ingot for North China market have increased from RMB <strong>13,700/</strong>t on June 28 to RMB <strong>13,800/t</strong>. A00 Aluminium Ingot at South China market jumped from RMB <strong>13,825</strong>/t on June 28 to RMB<strong>13,860/t</strong> on June 29.&nbsp;</p> <p>The price in East China market (Zhejiang) jumped from RMB <strong>13,700</strong>/t on June 28 to RMB<strong>13,805/t</strong> on June 29 and for Jiangsu province it increased from RMB <strong>13,705</strong>/t to RMB<strong>13,775/t</strong>.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chart%20(16).jpeg" alt="News" width="517" height="226" /></p> <p>For the Northeast China market, the price increased from RMB <strong>13,680</strong>/t on June 28 to <strong>RMB </strong><strong>13,770/t</strong> today. For the Southwest China market, the price increased from RMB 13,735/t to <strong>RMB </strong><strong>13,860/t</strong> on June 29.</p> <p>A00 Aluminium Ingot in spot China market is trading at discounts of <strong>RMB </strong><strong>140 - 100/t.</strong></p> <p>As on June 29, price for Aluminium Alloy (A380) in China jumped to RMB 15,500/t from RMB 15,450/t and is expected to move within a range of RMB 15,400- 15,600/t over the day. Aluminium Alloy (A356) price increased from RMB 14,400/t to stand at RMB 14,500 and is expected to move within a range of RMB 14,450- 14,550/t.</p> <p>{googleAdsense}</p> <p>As for the raw materials in the China market are concerned, bauxite and prebaked anode prices have registered no change today. &nbsp;Spot alumina remains flat and so are other prime materials. Aluminium fluoride prices in China remain static at <strong>RMB 9,100</strong> per tonne, and Cryolite too remains unchanged at <strong>RMB 6,100</strong> per tonne as on June 29. &nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p>