
A00 aluminium ingot price in China has plunged by RMB 190 per tonne to score at RMB 19,720 per tonne as of Monday, June 20. As per the SMM data, the average prices are expected to range between RMB 19,700 per tonne and RMB 19,740 per tonne, with spot contract to be traded at a premium price of RMB 0 per tonne to RMB 40 per tonne.

The A00 aluminium ingot price has witnessed a downfall in all the major regions of China. Starting with Gongyi, the price has nosedived by RMB 280 per tonne to peg at RMB 19,890 per tonne. The price in Foshan and Hangzhou has plummeted by RMB 210 per tonne to close at RMB 19,750 per tonne and RMB 19,760 per tonne. On the same day in Chongqing and Shenyang, the price has slumped by RMB 200 per tonne and RMB 90 per tonne, to halt at RMB 19,820 per tonne and RMB 19,780 per tonne. Based on the SMM data, the price in Tianjin and Linyi has slipped by RMB 130 per tonne and RMB 220 per tonne to stop at RMB 19,750 per tonne and RMB 19,870 per tonne. In Wuxi, the price has declined by RMB 180 per tonne to record at RMB 19,730 per tonne.
Today in China, the domestic price of low carbon aluminium has dropped by RMB 210 per tonne to close at RMB 20,364 per tonne.
According to the SMM data, the high purity aluminium (99.99%) price and the high purity aluminium (99.996%) have also plunged by RMB 200 per tonne to peg at RMB 27,800 per tonne and RMB 28,800 per tonne.
As of today, aluminium alloys (ADC12) price and (A380) price have went down by RMB 50 per tonne to halt at RMB 20,000 per tonne and RMB 21,000 per tonne. The average price for (ADC12) is expected to hover between RMB 19,900 per tonne and RMB 20,100 per tonne. On June 20, the average price for (A380) is expected to range between RMB 20,900 per tonne and RMB 21,100 per tonne. Aluminium alloy (A356) price has fallen by RMB 250 per tonne to close at RMB 20,750 per tonne, with the average price expected to stand between RMB 20,600 per tonne and RMB 20,900 per tonne.
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