SMM aluminium ingot price has marked a hike for the second day in a row. The price stands at RMB 17490 per tonne on Friday, 09 April 2021, an increase of RMB 20 per tonne from Thursday’s price of RMB 17470 per tonne. The price is expected to move within a range of RMB 17470-17510 per tonne.
In Foshan and Wuxi, the price has increased by RMB 30 per tonne each to stand at RMB 17510 per tonne and RMB 17500 per tonne on Friday, 09 April 2021. In Hangzhou and Chongqing, the price has inched up by RMB 15 per tonne and RMB 10 per tonne to stand at RMB 17525 per tonne and RMB 17460 per tonne.
Aluminium ingot prices in Shenyang, Tianjin and Linyi have risen to stand at RMB 17475 per tonne, RMB 17480 per tonne, and RMB 17500 per tonne.
Australian alumina FOB price stands USD 2.5 per tonne higher at USD 273 per tonne, after remaining flat at USD 270.5 per tonne on Thursday.
Raw materials price of alumina, Prebaked Anode Central, and Al Fluoride have remained unchanged at RMB 2338 per tonne, RMB 4110 per tonne and RMB 8475 per tonne as of Friday, 09 April 2021.
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