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02 NOVEMBER 2020 AL CIRCLE

Aluminium ingot price opens higher at RMB 15050/t; Aluminium Alloy (A356) stands at RMB 15650/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price has opened higher at RMB 15050 per tonne on Monday, 02 November 2020. This records a growth of RMB 220 per tonne from Friday. The price is expected to range at RMB 15030-15070 per tonne.

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In Foshan and Wuxi, the price has increased by RMB 220 per tonne and RMB 210 per tonne to stand at RMB 14990 per tonne and RMB 15050 per tonne. Their average prices are expected to range within RMB 14970-15010 per tonne and RMB 15040-15060 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15050 per tonne and RMB 14970 per tonne, up RMB 180 per tonne and RMB 220 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, and Linyi have dropped to stand at RMB 15080 per tonne, RMB 15010 per tonne, and RMB 15060 per tonne, up RMB 305 per tonne, RMB 200 per tonne and RMB 190 per tonne.

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Aluminium Alloy (A356) price has climbed by RMB 250 per tonne to RMB 15650 per tonne on Monday, 02 November 2020. The price is expected to move within a range of RMB 15600- 15700 per tonne. The prices of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 15650 per tonne each, an increase of RMB 250 per tonne each.


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EDITED BY : HEENA IQBAL 2MINS READ

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