China’s aluminium ingot price climbs by RMB 150/t; Aluminium Alloy (A356) stands at RMB 18400/t
SMM aluminium ingot price has inched up by RMB 150 per tonne on Thursday, 18 March 2021. The price now stands at RMB 17680 per tonne from Wednesday’s price of RMB 17530 per tonne. The price is expected to range at RMB 17660-17700 per tonne.
In Foshan and Wuxi, the price has risen by RMB 150 per tonne and RMB 135 per tonne to stand at RMB 17680 per tonne and 17665 per tonne. Their average prices are expected to range within RMB 17660-17700 per tonne and RMB 17650-17680 per tonne. Aluminium prices in Hangzhou and Chongqing have come in at RMB 17675 per tonne and 17630 per tonne, up RMB 1735 per tonne and RMB 105 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi have increased to stand at RMB 17650 per tonne, RMB 17650 per tonne, RMB 17620 per tonne, and RMB 17510 per tonne.
Aluminium Alloy (A356) price is up by RMB 150 per tonne to stand at RMB 18400 per tonne on Thursday, 18 March 2021. It is expected to move within a range of RMB 18350- 18450 per tonne. The prices of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 18250 per tonne each, up RMB 100 per tonne each.
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