China’s aluminium ingot price drops by RMB 80/t; Aluminium alloy (ZLD102) price stands lower at RMB20,000/t
SMM aluminium ingot price marked a decline of RMB 80 per tonne in Monday, 19 July, 2021. The price stood at RMB 19330 per tonne, from RMB 19410 per tonne on July 16. The price is expected to move within a range of RMB 19310-19350 per tonne today.
In Foshan and Wuxi, the price dropped by RMB 60 per tonne and RMB 120 per tonne to stand at RMB 19400 per tonne and RMB 19330 per tonne on Monday, July 19, 2021. Aluminium prices in Hangzhou and Chongqing stood at RMB 19335 per tonne and 19325 per tonne, down RMB 110 per tonne and 80 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 19300 per tonne, RMB 19270 per tonne, RMB 19320 per tonne, and RMB 19210 per tonne on Monday, July 19, 2021.
The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 20000 per tonne and RMB 19950 per tonne, a decrease of RMB 50 per tonne each. Their prices are expected to move within a range of RMB 19800- 20200 per tonne and RMB 19850- 20050 per tonne. The Aluminium alloy (A356) was down by RMB 50 per tonne to RMB 19950 per tonne on Monday, July 19, 2021.
LME aluminium price dips by US$2/t to close at US$2493/t; SHFE price declines below US$3000/t
Next articleNALCO increases aluminium ingot price by INR1200/t to INR215250- 218750/t w.e.f. July 17
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