Spot alumina prices in the China market remain firm; Chalco hikes aluminium prices

<p>After declining through the first fortnight of May, alumina prices in China have registered a gain and currently remain flat throughout all the major markets.</p> <p>As on May 19 2017, as reported by Shanghai Metals Market; the average spot alumina price in South China market stands at RMB 2,265/t.&nbsp; In the North China Market, the average spot alumina price stands at RMB 2300/t. Market price difference between north China and south China remains unchanged at around RMB35/t.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/China%20alumina%20price.jpeg" alt="News" width="517" height="226" /></p> <p>The average spot alumina price in East China market stands at RMB 2,320/t.&nbsp; In the Central China Market, the average spot alumina price stands at RMB 2310/t.</p> <p>Alumina prices from large scale alumina enterprises remained firm.&nbsp; Chalco alumina prices remain stable at RMB 2,475/t and are expected to move within a range of RMB 2,450- 2,500/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 excluding the prices offered by Chalco.</p> <p>{googleAdsense}</p> <p>China Aluminium International Trading Co. (Chalco Trading) has hiked the prices of A00 Aluminum Ingot it offered in major markets today after a cut in previous day.</p> <p>Unit: RMB/t</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/chalco%20prices.png" alt="News" width="429" height="203" /></p> <p>A00 Aluminum Ingot for Zhejiang province in East China market stood at RMB 13,905/t. For the North China market, it stood at RMB 13,910/t and for Northeast China market it stood at RMB 13,875/t.</p> <p>&nbsp;</p> <p>&nbsp;</p>