Aluminium price climbs by RMB160/t; Al Fluoride price in China stands at RMB 8250/t
SMM aluminium ingot price registered a hike today after a decline yesterday. The price rose by RMB 160 per tonne to stand at RMB 15750 per tonne on Wednesday, 18 November 2020. The price is expected to range at RMB 15730-15770 per tonne.
In Foshan and Wuxi, the price rose by RMB 160 per tonne each to stand at RMB 15750 per tonne and RMB 15760 per tonne on November 18. Their average prices are expected to range within RMB 15730-15770 per tonne and RMB 15750-15770 per tonne.
Aluminium ingot prices in Hangzhou, Chongqing, Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 15800 per tonne, RMB 15670 per tonne, RMB 15710 per tonne, RMB 15730 per tonne, RMB 15780 per tonne, and RMB 15610 per tonne.
Australian alumina FOB price stood USD 7 per tonne higher on Wednesday, 18 November 2020. The price came in at USD 280 per tonne. Al Fluoride price stood at RMB 8250 per tonne, up RMB 100 per tonne. The average prices are expected to range within RMB 8000-8500 per tonne.
The aluminium alloy (ADC12) price stood at RMB 15500 per tonne on Wednesday, 18 November 2020, an increase of RMB 100 per tonne. The prices of aluminium alloy (ADC12) – East, South, and Southwest came in at RMB 15500 per tonne, RMB 15350 per tonne, and RMB 15300 per tonne, an increase of RMB 100 per tonne each.
The Aluminium alloy (A380) and Aluminium alloy (A356) prices climbed by RMB 100 per tonne and RMB 150 per tonne to RMB 16400 per tonne each.
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