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08 MARCH 2021 AL CIRCLE

China’s aluminium ingot price registers a hike of RMB390/t; Aluminium alloy (ADC12) price stands at RMB 18100/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price marked a growth of RMB 390 per tonne on Monday, March 8 2021. The aluminium price stood at RMB 17490 per tonne today from Friday’s price of RMB 17100 per tonne. The price is expected to move within a range of RMB 17470-17510 per tonne.

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In Foshan and Wuxi, the price rose by RMB 390 per tonne and RMB 380 per tonne to stand at RMB 17490 per tonne and 17480 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 17510 per tonne and 17475per tonne, up RMB 370 per tonne and RMB 405 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 17575 per tonne, RMB 17460 per tonne, RMB 17460 per tonne, and RMB 17290 per tonne.

The aluminium alloy (ADC12) price was up by RMB 50 per tonne to RMB 18100 per tonne on Monday, March 8 2021. The price is expected to range at RMB 18000 per tonne-18200 per tonne. The prices of aluminium alloys in East, South and Southwest stood at RMB 18100 per tonne, RMB 18000 per tonne and RMB 17950 per tonne, an increase of RMB 50 per tonne each.

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The Aluminium alloy (A380) and Aluminium alloy (A356) inched up by RMB 50 per tonne and RMB 400 per tonne to RMB 19100 per tonne and RMB 18200 per tonne on Monday, March 8 2021.


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EDITED BY : HEENA IQBAL 2MINS READ

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