Chalco hikes aluminium prices in China, A00 ingot up in three major markets

<p>China Aluminum International Trading Co. (Chalco Trading) has hiked aluminium prices it offered in major markets for two consecutive days. &nbsp;&nbsp;A00 Aluminium ingot is on a bullish trend in the Chinese markets.</p> <p>Unit: yuan/tonne</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chalco.png" alt="News" width="431" height="202" />&nbsp;&nbsp;</p> <p>The prices for A00 Aluminium Ingot for three major markets in China (North, North-East and South-West) have registered a rise on July 6. &nbsp;</p> <p>On July 6 2017, the average prices for A00 Aluminium Ingot for North China market have increased from RMB <strong>13,950/</strong>t on July 5 to RMB<strong>13,960/t</strong>.&nbsp; For the Northeast China market, the price increased from RMB <strong>13,900</strong>/t to RMB<strong>13,930/t</strong> today. For the Southwest China market, the price increased from RMB 13,940/t to RMB<strong>13,960/t</strong>.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chart%20(17).jpeg" alt="News" width="517" height="226" /></p> <p>For the East and South China market the average price of A00 ingot has dropped marginally.</p> <p>A00 Aluminium Ingot in spot China market is trading at an average discount of RMB<strong>130/t </strong>today<strong>. </strong></p> <p>As on July 6, price for Aluminium Alloy (A380) in China remains unchanged at RMB 15,500/t. Aluminium Alloy (A356) price increased from RMB 14,550/t to stand at RMB 14,600/t.</p> <p>{googleAdsense}</p> <p>As for the raw materials in the China market are concerned, bauxite and prebaked anode prices have registered no change today.&nbsp; Spot alumina remains flat and so are other prime materials. Aluminium fluoride prices in China remain static at RMB 9,100 per tonne, and Cryolite too remains unchanged at RMB 6,100 per tonne as on July 3. &nbsp;</p>