SMM aluminium ingot price increased after registering a drop yesterday. The price grew by RMB 110 per tonne to stand at RMB 20340 per tonne on Wednesday, August 18, from RMB 20230 per tonne on August 17. The price is expected to move within a range of RMB 20320-20360 per tonne today.
In Foshan and Wuxi, the price hiked by RMB 160 per tonne and RMB 110 per tonne to stand at RMB 20510 per tonne and RMB 20350 per tonne on Wednesday, August 18. Aluminium prices in Hangzhou and Chongqing stood at RMB 20355 per tonne and 20360 per tonne, an increase of RMB 105 per tonne and 125 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 20305 per tonne, RMB 20350 per tonne, RMB 20350 per tonne, and RMB 20220 per tonne on Wednesday August 18.
The Aluminium alloy (A356) inched up by RMB 100 per tonne to RMB 20950 per tonne on Wednesday, 18 August 2021. The price is expected to range within RMB 20900-21000 per tonne today. The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 20900 per tonne each, an increase of RMB 50 per tonne each.
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