Alumina price in China rises by RMB 4/t; Australian alumina FOB price stands at USD 283/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 4 per tonne on Tuesday, 24 November 2020 to stand at RMB 2283 per tonne, after a decline of RMB1 per tonne since yesterday.
Alumina price in Shanxi has risen by RMB 10 per tonne to stand at RMB 2280 per tonne. The prices of alumina in Shandong, Henan, Shanxi, Guizhou, Guangxi China markets have remained unchanged at RMB 2275 per tonne, RMB 2280 per tonne, RMB 2300 per tonne and RMB 2300 per tonne on Tuesday, 24 November 2020.
Australian alumina FOB price stands USD 3 per tonne higher. The price stands at USD 283 per tonne.
A00 aluminium ingot price has dropped by RMB 50 per tonne after four days of rise. The price stands at RMB 15930 per tonne on Tuesday, 24 November 2020 from Monday’s price of RMB 15980 per tonne. The price is expected to range at RMB 15910-15950 per tonne.
The aluminium alloy (ADC12) price stands at RMB 15700 per tonne on Tuesday, 24 November 2020, an increase of RMB 50 per tonne. The price is expected to range at RMB 15600 per tonne-15800 per tonne. The prices of aluminium alloy (ADC12) – East, and South have come in at RMB 15700 per tonne and RMB 15550 per tonne, an increase of RMB 50 per tonne each.
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