A00 ingot prices inch higher in major China markets after a drop on Friday; 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 on July 3 after a drop on June 30 2017. &nbsp;</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/a00ingot3july.png" alt="News" width="759" height="319" /></p> <p>On July 3 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 30 to RMB <strong>13,850/t</strong>. A00 Aluminium Ingot at South China market jumped from RMB <strong>13,780</strong>/t on June 30 to RMB<strong>13,945/t</strong> on July 3.&nbsp;</p> <p>The price in East China market (Zhejiang) jumped from RMB <strong>13,680</strong>/t on June 30 to RMB<strong>13,850/t</strong> on July 3 and for Jiangsu province it increased from RMB <strong>13,670</strong>/t to RMB<strong>13,845/t</strong>.&nbsp;</p> <p>For the Northeast China market, the price increased from RMB <strong>13,700</strong>/t on June 30 to <strong>RMB </strong><strong>13,810/t</strong> today. For the Southwest China market, the price increased from RMB 13,730/t to <strong>RMB </strong><strong>13,850/t</strong> on July 3. &nbsp;</p> <p>China Aluminum International Trading Co. (Chalco Trading) announced substantial hike in aluminium prices it offered in major markets today in tandem with the rise in domestic aluminium price.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/CHALCO%20PRICE1.png" alt="News" width="446" height="258" /></p> <p>A00 Aluminium Ingot in spot China market is trading at discounts of <strong>RMB </strong><strong>160 - 120/t.&nbsp;</strong><strong>&nbsp;</strong></p> <p>As on July 3, price for Aluminium Alloy (A380) in China jumped to RMB 15,500/t from RMB 15,400/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 14,550 and is expected to move within a range of RMB 14,500- 14,600/t. &nbsp;</p> <p>{googleAdsense}&nbsp;</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 July 3. &nbsp;</p> <p>&nbsp;</p>