China A00 aluminium ingot prices edge higher; overall output rises 21.6% YoY in May

The prices of A00 aluminium ingots in China major consumer markets are trending higher today on June 9. A00 Aluminium Ingot (North China) price ranges at RMB 13,660-13,680 per tonne with the average price standing at RMB 13,670 per tonne, up 0.15 per cent from its previous price of RMB 13,650 per tonne on Thursday, June 8. The price of A00 Aluminium Ingot (South China) has dropped in the range of RMB 13,680-13,700 per tonne. The average price currently stands at RMB 13,690 per tonne, down -15 per cent from its earlier price.

The price of A00 Aluminium Ingot (East China)-Zhejiang is ranging between RMB 13,640-13,650 per tonne, and the average price is at RMB 13,645 per tonne, up 0.15 per cent from its previous price.

A00 Aluminium Ingot (Northeast China) price ranges at RMB 13,650-13,670 per tonne. The average price is registered at RMB 13,660 per cent, up 0.15 per cent from its earlier stand.

The prices of A00 Aluminium Ingot (East China)-Jiangsu and A00 Aluminium Ingot (Southwest China) have also edged higher. The average price in the East China market stands at RMB 13,635 per tonne (+0.04 per cent), and in the Southwest China market, it is RMB 13,675 per tonne (0.07 per cent) as on June 9.

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China Aluminum International Trading Co. (Chalco Trading) has further hiked its aluminium prices across major markets today. The changed prices are as follows: 

Unit: RMB per tonne

The primary aluminium output in the country rose 21.6 per cent year-on-year to 3.17 million tonnes in May this year. SMM predicts the output will continue growing on an annual basis in June as well.