Spot alumina prices in major China markets continue to rise; A00 aluminium ingot on upward track

<p style="text-align: center;">Spot alumina prices in China have registered a gain in May and now continue to grow firm throughout all the major markets.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/alumina26.png" alt="News" width="517" height="226" /></p> <p>As on May 26 2017, as reported by Shanghai Metals Market; the average spot alumina price in East China market increased from RMB 2,440/t on May 25 to stand at RMB 2,490 /t.&nbsp; In the Central China Market, the average spot alumina price stands at RMB 2,480 /t, up from RMB 2,430/t on May 25.</p> <p>The average spot alumina price in South China market increased from RMB 2,375/t on May 25 to stand at RMB 2,445/t today. In the North China Market, the average spot alumina price increased from RMB 2,420/t on May 25 to stand at RMB 2,475/t. Market price difference between north China and south China dropped to RMB 30/t.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/south%20china.jpeg" alt="News" width="517" height="226" /></p> <p>Alumina prices from large scale alumina enterprises remained firm.&nbsp; Chalco alumina prices remain unchanged from May 23 at RMB 2,550/t and are expected to move within a range of RMB 2,500- 2,600/t.</p> <p>In the import market; average imported alumina price remains flat at RMB 2,800/t and it is expected to move within a range of RMB 2,770- 2,830/t.</p> <p>Currently, among the domestic markets, East China market has the highest alumina price North China following close.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/aluminium26.png" alt="News" width="517" height="226" /></p> <p>The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have registered a gain today from yesterday May 25. Currently, among the domestic markets, A00 Aluminium Ingot at South China market registers the highest price at RMB 13,980/t and is expected to move within a range of RMB 13,970- 13,990 /t. A00 Aluminium Ingot in spot China market is trading at discounts of RMB 100-60/t.</p> <p>{googleAdsense}</p> <p>Price for Aluminium Alloy(A380) in China stands at RMB 15,750/t and is expected to move within a range of RMB 15,650- 15,850/t over the day. Aluminium Alloy (A356) price stands at RMB 14,550/t and expected to move within a range of RMB 14,500- 14,600/t.</p> <p>&nbsp;</p>