As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 24 per tonne on Friday, 21 May 2021 after remaining flat for the two days in a row. The price has come in at RMB 2431 per tonne, from 2407 per tonne.
Alumina price in Shandong has risen by RMB 30 per tonne to stand at RMB 2430 per tonne. The prices of alumina in Henan, Shanxi, Guizhou and Guangxi China markets have increased to stand at RMB 2435 per tonne, RMB 2440 per tonne, RMB 2395 per tonne and RMB 2395 per tonne on Friday, 21 May 2021.
Lianyungang and Bayuquan prices stand at RMB 2450 per tonne and RMB 2475 per tonne, up by RMB 10 per tonne and RMB 40 per tonne.
SMM aluminium ingot price stands lower at RMB 18450 per tonne on Friday, 21 May 2021. This marks a drop for the three days in a row. The price is expected to range at RMB 18430-18470 per tonne.
The aluminium alloy (ADC12) price stands lower at RMB 19150 per tonne and is expected to range at RMB 19050 per tonne-19250 per tonne. The prices of aluminium alloy (ADC12) – East, South, and Southwest have come in at RMB 19150 per tonne, RMB 19100 per tonne, and RMB 19100 per tonne, a decline of RMB 150 per tonne, RMB 100 per tonne and RMB 100 per tonne.
The Aluminium alloy (A356) and Aluminium alloy (A380) have inched down by RMB 700 per tonne and RMB 150 per tonne to stand at RMB 19150 per tonne and RMB 20150 per tonne on May 21.
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