Prebaked anode price in Southwest China down by RMB 150/t; A00 ingot price stands at RMB13800/t
Prebaked anode price in Southwest China market has edged lower by RMB 150 per tonne. As on Friday, 12 June 2020, prebaked anode price has ranged at RMB 2750-3090 per tonne; the average price stand at RMB 2920 per tonne, after remaining flat at RMB 3070 per tonne since May 6.
The prebaked anode price in Northwest China has recorded a drop of RMB 150 per tonne to RMB 3150 per tonne on June12, The price is likely to move within a range of RMB 3050- 3250 per tonne.
The average prices of prebaked anode in East and Central markets remain unchanged at RMB 2670 per tonne and RMB 2730 per tonne respectively.
A00 aluminium ingot price has registered a drop of RMB 60 per tonne or 0.43 per cent from Thursday’s price of RMB 13860 per tonne. The price now stand at RMB 13800 per tonne on Friday, 12 June 2020 and is expected to move within a range of RMB 13780-13820 per tonne. Spot aluminium contract is likely to be traded at a discount of 80-40 per tonne.
The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stand at RMB 14400 per tonne each, a decrease of RMB 50 per tonne each. The Aluminium alloy (A356) has inched down by RMB 50 per tonne to RMB 14500 per tonne on Friday, 12 June 2020.
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