China’s A00 aluminium ingot price reports no change today at RMB17840/t; Low carbon aluminium price rose RMB3/t
A00 aluminium ingot price has witnessed no alteration today, remaining stoic at RMB 17,840 per tonne, as recorded by the Shanghai Metals Market on Tuesday, July 26. The average prices ranged between RMB 17,820 per tonne and RMB 17,860 per tonne, with spot contracts trading at a discount price of RMB 30 per tonne and a premium price of RMB 10 per tonne.
The provinces in China have witnessed minor changes in aluminium prices today, with A00 aluminium ingot price rising the highest in Shenyang by RMB 30 per tonne to settle at RMB 17,870 per tonne, followed by RMB 20 per tonne spike in Linyi to RMB 17,920 per tonne. The primary aluminium prices in Gongyi and Tianjin lost RMB 10 per tonne to close at RMB 17,830 per tonne and RMB 17,860 per tonne. The primary aluminium prices in Foshan, Wuxi, Hangzhou and Chongqing have refrained from showing any change from the previous day.
In China, the domestic price of low-carbon aluminium has expanded by RMB 3 per tonne to stand at RMB 18,366 per tonne on Tuesday, July 26.
According to the data shown by SMM, high purity aluminium (99.99%) price and high purity aluminium (99.996%) price remained restrained at RMB 25,800 per tonne and RMB 26,800 per tonne.
The price of aluminium powder also denied any change showing the same prices as yesterday, RMB 19.60 per kg.
LME aluminium price closes 1.15% lower at US$2,431.50/t; SHFE price declines by US$23/t
Next articleChina’s primary aluminium inventories gain 3,000 tonnes over the weekend as trades decline in spot market
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