Bauxite price in Shanxi down by RMB10/t; A00 aluminium ingot price registers a drop after six days
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stood at RMB 440 per tonne on Monday, down RMB 10 per tonne or 2.22 per cent, after remaining flat since July 31 at RMB 450 per tonne. The average price is expected to stay within a range of RMB 390-RMB 490 per tonne. The price of bauxite remains unchanged in Guangxi and Guizhou China markets.
The average Bauxite (4.5≤Al/Si＜5.5) price in Henan dropped from RMB410 per tonne to RMB400 per tonne on Monday, 09 September 2019. The average price is expected to range between RMB370-430 per tonne.
In another update from Shanghai Metals Market, A00 aluminium ingot price started the week lower at RMB14390 per tonne. That was down RMB30 per tonne from September 6. The average price is expected to move within a range of RMB14370-14410 per tonne.
In Foshan and Wuxi, aluminium ingot prices decreased RMB50 per tonne and RMB40 per tonne to stand at RMB 14420 per tonne and RMB 14380 per tonne. Their average prices are expected to range within RMB 14400- 14440 per tonne and RMB 14370- 14390 per tonne. Aluminium price in Hangzhou was down RMB 50 per tonne at RMB 14400 per tonne.
Aluminium ingot prices in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stood at RMB 14410 per tonne, RMB 14340 per tonne, RMB 14380 per tonne, RMB 14390 per tonne and RMB 14295 per tonne as of Monday, 09 September 2019.
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