
SMM aluminium ingot prices recorded a rise of RMB 30 per tonne from Monday. The price rose from RMB14940 per tonne to RMB14970 per tonne. This marked the third consecutive hikes in a row. The average price is likely to range at RMB14950-14990 per tonne.

In Foshan and Gongyi, the price rose by RMB 20 per tonne and RMB 10 per tonne to stand at RMB 14850 per tonne and RMB 14810 per tonne on Tuesday, 13 October 2020. Aluminium prices in Wuxi and Chongqing came in at RMB 14970 per tonne and 14960 per tonne, up RMB 20 per tonne and RMB 120 per tonne.
Aluminium ingot prices in Shenyang and Tianjin increased to stand at RMB 14945 per tonne and RMB 14910 per tonne.
Aluminium Alloy (ZLD102) and Aluminium Alloy (ZLD104) rose RMB50 per tonne each to RMB15550 per tonne each on Tuesday, 13 October 2020. Their average prices are expected to range at RMB15400- RMB15700 per tonne and RMB15450- RMB15650 per tonne.
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