
On Wednesday, October 19, the A00 aluminium ingot price in China ascended by RMB 80 per tonne to settle at RMB 18,390 per tonne, with the average prices ranging between RMB 18,370 per tonne and RMB 18,410 per tonne. The spot contract price is likely to be traded at a discount price of RMB 10 per tonne to a premium price of RMB 30 per tonne.

The price in Gongyi has surged by RMB 150 per tonne to score at RMB 18,400 per tonne. In Foshan, the price increased by RMB 100 per tonne to halt at RMB 18,470 per tonne. The prices in Chongqing and Wuxi expanded by RMB 90 per tonne and RMB 80 per tonne to reside at RMB 18,510 per tonne and RMB 18,400 per tonne.
As per the SMM data, both Hangzhou and Shenyang witnessed a growth of RMB 70 per tonne and RMB 30 per tonne to peg at RMB 18,420 per tonne and RMB 18,370 per tonne. In Linyi, the price went up by RMB 60 per tonne to settle at RMB 18,470 per tonne. Only in Tianjin, the price has declined by RMB 190 per tonne to settle at RMB 18,360 per tonne.
The high-purity aluminium (99.99%) price and high-purity aluminium (99.996%) price has surged by RMB 100 per tonne to peg at RMB 26,700 per tonne and RMB 27,700 per tonne.
The average alumina spot price in China went down by RMB 7 per tonne to settle at RMB 2,812 per tonne. The prices in Henan and Shanxi slumped by RMB 15 per tonne and RMB 5 per tonne to close at RMB 2,880 per tonne and RMB 2,770 per tonne.
The aluminium alloy (A356) price has expanded by RMB 100 per tonne to settle at RMB 19,900 per tonne. The average price for the same is likely to orbit between RMB 19,800 per tonne and RMB 20,000 per tonne. For aluminium alloys (ADC12) and aluminium alloy (A380), the prices showed no change to clock at RMB 19,350 per tonne and RMB 20,350 per tonne.
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