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16 MARCH 2021 AL CIRCLE

China’s aluminium price stands at RMB 17760/t; Aluminium alloy (ADC12) price inches up by RMB 100/t

EDITED BY : HEENA IQBAL 2MINS READ

SMM aluminium ingot price hiked by RMB 140 per tonne on Tuesday, 16 March 2021. The aluminium price now stood at RMB 17760 per tonne from Monday’s price of RMB 17620 per tonne. The price is expected to move within a range of RMB 17740-17780 per tonne.

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In Foshan and Wuxi, the price rose by RMB 140 per tonne and RMB 70 per tonne to stand at RMB 17760 per tonne and 17700 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 17735 per tonne and 17690 per tonne, up RMB 110 per tonne and RMB 95 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 17735 per tonne, RMB 17690 per tonne, RMB 17660 per tonne, and RMB 17560 per tonne.

The aluminium alloy (ADC12) price was up by RMB 100 per tonne to RMB 18100 per tonne on Tuesday, 16 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.

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The Aluminium alloy (A380) and Aluminium alloy (A356) inched up by RMB 10 per tonne each to RMB 19100 per tonne and RMB 18450 per tonne on Tuesday, March 16 2021.


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EDITED BY : HEENA IQBAL 2MINS READ

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