A00 ingot prices inch higher in major China markets; alumina drops in North and Central China

<p>The average prices for A00 Aluminium Ingot for all major Chinese markets (North, South, North-East and South-West) have registered a rise for two consecutive days. &nbsp;The average prices for A00 ingot have registered a price growth of 0.40% to 0.65 % today.</p> <p>On July 13 2017, among the domestic markets, the average price for A00 Aluminium Ingot for North China market has increased to RMB <strong>14,040/t</strong>.</p> <p>The price in East China market (Zhejiang) jumped to RMB<strong>14,060/t</strong> on July 13 and for Jiangsu province it increased to RMB<strong>14,050/t</strong>.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chart%20(22).jpeg" alt="News" width="517" height="226" /></p> <p>For the Northeast China market, the price increased to <strong>RMB </strong><strong>14,000/t</strong> and for the Southwest China market, the price increased to <strong>RMB </strong><strong>14,020/t</strong> on July 13.</p> <p>For the first time in last three months, average prices of A00 ingot have crossed the 14,000 mark in all the major markets on the same day.</p> <p>A00 Aluminium Ingot in spot China market is trading at discounts of <strong>RMB </strong><strong>70 - 30/t.</strong></p> <p>As on July 13, average price for Aluminium Alloy (A380) in China remains unchanged at RMB 15,600/t. Aluminium Alloy (A356) price increased from RMB 14,650/t to stand at RMB 14,700/t and is expected to move within a range of RMB 14,650- 14,750/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 and so are other prime raw materials.</p> <p>Spot alumina prices in Central and North China market dropped from RMB 2,570/t to RMB 2,560/t.&nbsp;</p>