SMM aluminium ingot price marked a growth after a drop on Friday. The aluminium price increased by RMB 140 per tonne from Friday’s price of RMB 17400 per tonne to RMB 17540 per tonne on Monday, 22 March 2021. It is expected to move within a range of RMB 17520-17560 per tonne.
In Foshan and Wuxi, the price rose by RMB 140 per tonne and RMB 115 per tonne to stand at RMB 17540 per tonne on Monday. Their average prices are expected to range within RMB 17520-17560 per tonne and RMB 17530-17540 per tonne. Aluminium prices in Hangzhou and Chongqing were RMB 17585 per tonne and 17550 per tonne, up RMB 120 per tonne and RMB 195 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 17565 per tonne, RMB 17540 per tonne, RMB 17550 per tonne, and RMB 17410 per tonne.
The aluminium alloy (ADC12) price was up by RMB 100 per tonne to RMB 18100 per tonne on Monday, 22 March 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 100 per tonne each.
The Aluminium alloy (A380) and Aluminium alloy (A356) inched up by RMB 100 per tonne and RMB 150 per tonne to RMB 19100 per tonne and RMB 18250 per tonne on Monday, 22 March 2021.
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