SMM aluminium ingot price has registered a hike for the five days in a row. As of Wednesday, 10 February 2021, the price now stands at RMB 15770 per tonne, marking a growth of RMB 30 per tonne. The price is expected to range at RMB 15750-15790 per tonne.
In Foshan and Wuxi, the price has risen by RMB 30 per tonne and RMB 15 per tonne to stand at RMB 15770 per tonne and RMB 15775 per tonne. Aluminium prices in Hangzhou and Chongqing stand at RMB 15800 per tonne and RMB 15760 per tonne, up RMB 15 per tonne and RMB 50 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi and Gongyi stand at RMB 15780 per tonne, RMB 15670 per tonne, RMB 15720 per tonne and RMB 15600 per tonne as of Wednesday, 10 February 2021, an increase of RMB 50 per tonne, RMB 20 per tonne, RMB 45 per tonne and RMB 50 per tonne.
The aluminium alloy (ADC12) price stands at RMB 17100 per tonne on Wednesday, 10 February 2021 and is expected to range at RMB 17000 per tonne-17200 per tonne. This is up RMB 50 per tonne. The prices of aluminium alloy (ADC12) – East and South have come in at RMB 17100 per tonne, and RMB 16950 per tonne, an increase of RMB 50 per tonne each.
The Aluminium alloy (A380) inched up by RMB 50 per tonne to stand at RMB 18000 per tonne on February 10.
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