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12 NOVEMBER 2020 AL CIRCLE

Aluminium ingot prices in China rise for the fifth time in a row; Aluminium Alloy (A356) price up by RMB 150/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price has increased for the fifth time in a row. The price stands at RMB 15490 per tonne on Thursday, 12 November 2020, representing an increase of RMB 140 per tonne. The price is expected to range at RMB 15470-15510 per tonne.

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In Foshan and Wuxi, the price has risen by RMB 160 per tonne and RMB 120 per tonne to stand at RMB 15510 per tonne and RMB 15480 per tonne. Their average prices are expected to range within RMB 15,490-15,530 per tonne and RMB 15,470-15,490 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15480 per tonne and RMB 15405 per tonne, registering a growth of RMB 120 per tonne each.

Aluminium ingot prices in Shenyang, Tianjin, and Linyi have increased to stand at RMB 15455 per tonne, RMB 15430 per tonne, and RMB 15460 per tonne, up RMB 145 per tonne, RMB 110 per tonne and RMB 100 per tonne.

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Aluminium Alloy (A356) price has climbed by RMB 150 per tonne to RMB 16150 per tonne on Thursday, 12 November 2020. The price is expected to move within a range of RMB 16100- 16200 per tonne. The prices of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 16050 per tonne each, an increase of RMB 100 per tonne each.


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EDITED BY : HEENA IQBAL 2MINS READ

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