China’s alumina price stands at RMB 2402/t; Alumina (Imported) price declines by RMB 15/t

As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 1 per tonne today after two days of restrained at RMB 2403 per tonne. The price now stands at RMB 2402 per tonne as of Monday, 1 February 2021.

Alumina price in Shandong has declined by RMB 20 per tonne to stand at RMB 2390 per tonne. The prices of alumina in Henan, Shanxi, Guizhou, Guangxi China markets have remained unchanged at RMB 2410 per tonne, RMB 2410 per tonne, RMB 2365 per tonne and RMB 2365 per tonne on Monday, 1 February 2021.

Alumina (Imported) price has reduced to RMB 2485 per tonne, representing a drop of RMB 15 per tonne. The average price is expected to move within a range of RMB 2470-2500 per tonne.

SMM aluminium ingot price stands higher today. The price has come in at RMB 15230 per tonne on Monday, 1 February. This marks a growth of RMB 260 per tonne. The price is expected to range at RMB 15210-15250 per tonne.

The Aluminium alloy (A356) price has inched up by RMB 300 per tonne to stand at RMB 15950 per tonne on February 1. The prices of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 15800 per tonne each, an increase of RMB 250 per tonne each.