Bauxite (6.5≤Al/Si＜7.5) price in Guizhou closes RMB10/t higher at RMB370/t; A00 Aluminium Ingot price builds-up RMB140/t

According to the Shanghai Metals Market data, bauxite (6.5≤Al/Si＜7.5) price in Guizhou has climbed by RMB 10 per tonne to come in at RMB 370 per tonne on Tuesday, June 15. The average prices are expected to range between RMB 340-400 per tonne 

Bauxite (4.5≤Al/Si＜5.5) price in Henan has grown by RMB 20 per tonne to settle at RMB 360 per tonne, and bauxite (5.5≤Al/Si＜6.5) price in Guangxi has gained RMB 10 per tonne to RMB 230 per tonne. Their average prices are expected to range between RMB 340-380 per tonne and RMB 220-240 per tonne, respectively.

Among other primary aluminium input costs, aluminium powder price has inched up by RMB 0.2 per kg to stand at RMB 22.55 per kg as of June 15. The average prices are likely to range between RMB 22.5-22.6 per kg.

Amid the bullish input costs, A00 aluminium ingot price in China has also edged higher to near RMB 19,000 per tonne. According to SMM data, primary aluminium ingot price has surged by RMB 140 per tonne to settle at RMB 18,970 per tonne on June 15. The average prices are expected to range between RMB 18,950 per tonne and RMB 18,990 per tonne, with spot contract to be traded at a premium price of RMB 80-40 per tonne.

In Linyi, primary aluminium ingot price has hiked by RMB 140 per tonne to RMB 18,960 per tonne, while the price in Shenyang and Tianjin has increased by RMB 130 per tonne to come in at RMB 18,940 per tonne. Chongqing and Foshan have seen a rise of RMB 120 per tonne to RMB 18,980 per tonne and RMB 19,130 per tonne, respectively.

Aluminium alloy (A356) price has grown by RMB 100 per tonne to RMB 19,650 per tonne, while aluminium alloys (ADC12) price and aluminium alloy (A380) price have remained muted at RMB 18,600 per tonne and RMB 19,600 per tonne, respectively.