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10 AUGUST 2021 AL CIRCLE

China’s aluminium ingot price drops to RMB 19870/t; Aluminium alloy (A356) price falls by RMB50/t

EDITED BY : HEENA IQBAL 1MINS READ

SMM aluminium ingot price declined for the two days in a row. The price dropped by RMB 50 per tonne to RMB 19870 per tonne on Tuesday, August 10, from RMB 19890 per tonne on August 9. The price is expected to move within a range of RMB 19850-19890 per tonne today.

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In Foshan and Wuxi, the price reduced by RMB 30 per tonne and RMB 35 per tonne to stand at RMB 20050 per tonne and RMB 19865 per tonne on Tuesday, August 10. Aluminium prices in Hangzhou and Chongqing stood at RMB 19880 per tonne and 19915 per tonne, a decrease of RMB 30 per tonne and 35 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 19860 per tonne, RMB 19860 per tonne, RMB 19890 per tonne, and RMB 18800 per tonne on Tuesday, August 10.

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The Aluminium alloy (A356) inched down by RMB 50 per tonne to RMB 20450 per tonne on Tuesday, August 10. The price is expected to range within RMB 20400-20500 per tonne today.


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EDITED BY : HEENA IQBAL 1MINS READ

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