China’s A00 aluminium ingot price goes up RMB20/t; Caustic soda price in Guangxi plunges RMB200/t

A00 aluminium ingot price has heightened by RMB 20 per tonne, closing at RMB 19,020 per tonne, as the Shanghai Metals Market recorded on Tuesday, November 22. The average prices are expected to range between RMB 19,000 per tonne and RMB 19,040 per tonne, with spot contracts trading at premium prices of RMB 90 per tonne and RMB 50 per tonne.

The provinces in China showed fluctuating prices today, with aluminium prices falling in Gongyi and Shenyang by RMB 20 per tonne to RMB 18,920 per tonne and RMB 18,980 per tonne, respectively. The aluminium price in Hangzhou has augmented by RMB 40 per tonne, settling at RMB 19,030 per tonne, followed by RMB 30 per tonne rise in Linyi, closing at RMB 19,080 per tonne. The aluminium prices in Foshan, Chongqing and Tianjin all increased by RMB 20 per tonne to rest at RMB 19,080 per tonne, RMB 19,130 per tonne and RMB 19,040 per tonne. The aluminium price in Wuxi has gone up by RMB 15 per tonne, pegging at RMB 19,015 per tonne.

In China, the domestic price of low-carbon aluminium has glided up by RMB 23 per tonne to stand at RMB 19,681 per tonne on Tuesday, November 22.

The prices of high-purity aluminium (99.99%) and high-purity aluminium (99.996%) both have refrained from showing any change.

The averaged alumina price has gained RMB 1 per tonne, parking at RMB 2,765 per tonne, while the alumina price in Shandong, Guizhou and Guangxi all have witnessed elevating prices today with RMB 5 per tonne being added to each, to close at RMB 2,700 per tonne, RMB 2,710 per tonne and RMB 2,665 per tonne.

The price of caustic soda (32% concentration) in Henan has dropped by RMB 50 per tonne, closing at RMB 3,870 per tonne, while the price of caustic soda (32% concentration) in Guangxi has plummeted by RMB 200 per tonne to halt at RMB 4,750 per tonne.

The price of alumina powder in China has shown no change at all.