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29 JULY 2020 AL CIRCLE

Alumina price in China slips by RMB27/t; A00 aluminium ingot extends rise to RMB 14780/t

EDITED BY : HEENA IQBAL 2MINS READ

The average spot alumina price in China has dropped by RMB 27 per tonne on Wednesday, 29 July 2020 to stand at RMB 2416 per tonne. Alumina prices declined across all major markets in China, except South.

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The prices of alumina in East, Central, and North China markets have declined by RMB 25 per tonne, RMB 30 per tonne and RMB 30 per tonne to stand at RMB 2400 per tonne, RMB 2410 per tonne, and RMB 2410 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne.

A00 aluminium ingot price on Wednesday, 29 July 2020 has extended rise by RMB 110 per tonne to stand at RMB 14780 per tonne. This marks the third consecutive increase in aluminium ingot prices. The price is expected to move within a range of RMB 14760 per tonne-14800 per tonne.

Aluminium prices in Foshan, Wuxi, and Hangzhou stand at RMB 14720 per tonne, RMB 14790 per tonne and RMB 14790 per tonne, up RMB 110 per tonne each. The prices in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi have increased to stand at RMB 14665 per tonne, RMB 14735 per tonne, RMB 14750 per tonne, RMB 14770 per tonne and RMB 14695 per tonne.

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The price of Aluminium Alloy (A356) has increased RMB100 per tonne to range at RMB15350-15450 per tonne as on July 29. Aluminium Alloy (A356) price stands at RMB15400 per tonne. Aluminium Alloy (ZLD102) and Aluminium Alloy (ZLD104) have climbed RMB100 per tonne, each to RMB15350 per tonne each.


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EDITED BY : HEENA IQBAL 2MINS READ

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