China’s aluminium ingot price climbs to RMB 19090/t; Aluminium alloy (A356) price rises by RMB50/t
SMM aluminium ingot price increased by RMB 50 per tonne after two days of decline. The price came in at RMB 19090 per tonne on Wednesday, July 21, 2021, from RMB 19040 per tonne on July 20. The price is expected to move within a range of RMB 19070-19110 per tonne today.
In Foshan and Wuxi, the price rose RMB 30 per tonne each to stand at RMB 19160 per tonne and RMB 19070 per tonne on Wednesday, July 21, 2021. Aluminium prices in Hangzhou and Chongqing stood at RMB 19085 per tonne and 19100 per tonne, an increase of RMB 35 per tonne and 40 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 19025 per tonne, RMB 19070 per tonne, RMB 19090 per tonne, and RMB 18980 per tonne on Wednesday, July 21, 2021.
The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 19750 per tonne and RMB 19700 per tonne, a hike of RMB 50 per tonne each. Their prices are expected to move within a range of RMB 19550- 19950 per tonne and RMB 19600- 19800 per tonne. The Aluminium alloy (A356) climbed by RMB 50 per tonne to RMB 19700 per tonne on Wednesday, July 21, 2021.
LME aluminium price grows marginally to US$2424.50/t; SHFE price edges 0.72% higher at US$2952/t
Next articleWorld primary aluminium production in 2Q2021 increases 1% Q-o-Q and 5% Y-o-Y to 16.842 million tonnes: IAI
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