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21 APRIL 2021 AL CIRCLE

China’s aluminium ingot price drops by RMB 80/t; Aluminium alloy (ADC12) price declines to stand at RMB 18050/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price registered a drop after remaining unchanged yesterday. The aluminium price reduced by RMB 80 per tonne from RMB 18120 per tonne. The price came in at RMB 18040 per tonne as of Wednesday, 21 April 2021 and is expected to move within a range of RMB 18020-18060 per tonne.

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In Foshan and Wuxi, the price slipped by RMB 60 per tonne and RMB 65 per tonne to stand at RMB 18120 per tonne and RMB 18050 per tonne on Wednesday, 21 April 2021.Aluminium prices in Hangzhou and Chongqing came in at RMB 18055 per tonne and 18030 per tonne, down RMB 95 per tonne and RMB 60 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 18040 per tonne, RMB 18030 per tonne, RMB 18010 per tonne, and RMB 17930 per tonne.

The aluminium alloy (ADC12) price was down by RMB 50 per tonne to RMB 18050 per tonne on Wednesday, 21 April 2021. The price is expected to range at RMB 17950 per tonne-18150 per tonne. The prices of aluminium alloys in East, South and Southwest stood at RMB 18050 per tonne, RMB 17800 per tonne and RMB 17850 per tonne, a decrease of RMB 50 per tonne, RMB 200 per tonne and RMB 100 per tonne.

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The Aluminium alloy (A380) and Aluminium alloy (A356) inched down by RMB 50 per tonne and RMB 100 per tonne to RMB 19050 per tonne and RMB 18750 per tonne on Wednesday, 21 April 2021.


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EDITED BY : HEENA IQBAL 2MINS READ

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