China’s alumina price registers a hike of RMB 7/t; Aluminium price stands lower at RMB 18680/t

The alumina price in China has increased to stand at RMB 2472 per tonne on Wednesday, 02 June 2021, after remaining flat on Tuesday. The price records a growth of RMB 7 per tonne, as updated by Shanghai Metals Market.

Alumina price in Shandong has risen by RMB 10 per tonne to stand at RMB 2470 per tonne on Wednesday, 02 June 2021. The prices of alumina in Shanxi China market has increased to stand at RMB 2490 per tonne, up by RMB 15 per tonne.

SMM aluminium ingot price stands lower at RMB 18680 per tonne on Wednesday, 02 June 2021. This marks a drop of RMB 30 per tonne. The price is expected to range at RMB 18660-18700 per tonne.

In Wuxi and Hangzhou, the price has inched down by RMB 20 per tonne each to stand at RMB 18690 per tonne and RMB 18700 per tonne on Wednesday, June 2. Aluminium ingot prices in Foshan, Chongqing, Shenyang, and Gongyi have declined to stand at RMB 18830 per tonne, RMB 18715 per tonne, RMB 18700 per tonne and RMB 18660 per tonne. Linyi price is up by RMB 10 per tonne and RMB 18720 per tonne.

The price of Aluminium Alloy (A356) has decreased RMB100 per tonne to range at RMB19300-19400 per tonne Wednesday, June 2 2021. Aluminium Alloy (A356) price stands at RMB19350 per tonne. Aluminium Alloy (ZLD102) and Aluminium Alloy (ZLD104) prices have declined by RMB50 per tonne, each to RMB19300 per tonne each.