Alumina price in China stands at RMB2623/t; A00 aluminium ingot price up by RMB10/t after two days of decline
As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 2624 per tonne on October 22 to RMB 2623 per tonne on October 23. The prices of alumina in East, Central, North, and South China markets remain unchanged at RMB 2650 per tonne, RMB 2640 per tonne, RMB 2630 per tonne, and RMB 2520 per tonne.
A00 aluminium ingot price in China has increased from RMB 13930 per tonne on October 22 and stands at RMB 13940 tonnes today. The price has recorded a growth of RMB 10 per tonne after two days of decline. The average price is expected to range at RMB 13920-13960 per tonne. Spot aluminium price is likely to be traded a premium of RMB 70-110 per tonne.
Aluminium ingot prices in Foshan, Wuxi, and Hangzhou have increased by RMB 30 per tonne, RMB 20 per tonne and RMB 15 per tonne to stand at RMB 13890 per tonne, RMB 13950 per tonne, and RMB 13955 per tonne. Their average prices are expected to range within RMB 13870- 13910 per tonne, RMB 13940- 13960 per tonne and RMB 13950- 13960 per tonne.
Aluminium ingot prices in Chongqing, Shenyang, and Gongyi stand at RMB 13920 per tonne, RMB 13895 per tonne and RMB 13835 per tonne, up RMB 10 per tonne, RMB 15 per tonne and RMB 15 per tonne.
Tianjin price is down by RMB 20 per tonne to RMB 13910 per tonne. The price in Linyi remains unchanged at RMB 13960 per tonne.
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