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25 SEPTEMBER 2019 AL CIRCLE

Alumina price in China stands at RMB 2604/t; A00 aluminium ingot price registers a drop after three days of rise

EDITED BY : HEENA IQBAL 2MINS READ

The average alumina prices in major China markets have witnessed growth on Wednesday, 25 September 2019. The average spot alumina price stands at RMB 2604 per tonne, up RMB 12 per tonne from the previous average alumina price of RMB 2592 per tonne.

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Alumina East China and Central China stand at RMB 2600 per tonne and RMB 2620 per tonne, up RMB 10 per tonne each from its earlier price. Alumina price in North China is hovering around RMB 2620 per tonne, up RMB 20 per tonne. Alumina South China remains unchanged at RMB 2520 per tonne as of September 25.

Australian alumina FOB price has increased USD 5 per tonne to USD 298 per tonne on Wednesday, 25 September 2019.

After a continuous rise for the past three days in a row, A00 aluminium ingot price is down by RMB 40 per tonne from its earlier price to RMB14320 per tonne today. The price stood at RMB 14280 per tonne and expected to move within a range of RMB 14260-14300. Spot aluminium price is likely to be traded at a premium of RMB 20-60 per tonne.

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Aluminium ingot price in Foshan stands at RMB 14320 per tonne, down RMB 40 per tonne from its previous price. Ingot prices in Wuxi and Hangzhou have declined by RMB 50 per tonne and RMB 30 per tonne to stand at RMB 14280 per tonne and RMB 14310 per tonne.

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Aluminium ingot prices in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stand at RMB 14310 per tonne, RMB 14280 per tonne, RMB 14260 per tonne, RMB 14300 per tonne and RMB 14185 per tonne.


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EDITED BY : HEENA IQBAL 2MINS READ

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