Spot alumina prices remain flat in major china markets; A00 aluminium ingot prices record gain

<p>Spot alumina prices in all the major Chinese markets remain flat after continuous gain throughout the second fortnight of May.</p> <p style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/china%20alumina2.png" alt="News" width="702" height="281" /></p> <p>As on June 2 2017, as reported by Shanghai Metals Market; the average spot alumina price in East China market stands at RMB 2,550 /t.&nbsp; In the Central China Market, the average spot alumina price stands at RMB 2,540 /t. The average spot alumina price in South China stands at RMB 2,500/t today and in the North China Market, the price stands at RMB 2,530/t. Market price difference between north China and south China remains unchanged at RMB 30/t today.</p> <p>Chalco alumina prices stand at RMB 2,550/t and are expected to move within a range of RMB 2,500- 2,600/t. 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 style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/INGOT%20GRAPH%20(8).jpeg" 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 after a consecutive fall in last two days. Currently, among the domestic markets, A00 Aluminium Ingot at South China market gained from RMB 13,725/t on June 1 to RMB 13,780/t on June 2. The price in North China market gained from RMB 13,700/t to RMB 13,735/t.</p> <p>{googleAdsense}</p> <p>The price in East China market (Zhejiang) gained from RMB 13,670/t on June 1 to RMB 13,725/t on June 2 and for Jiangsu province it gained from RMB 13,660/t to RMB 13,715/t. For the Northeast China market, the price gained from RMB 13,685/t on June 1 to RMB 13,715/t. For the Southwest China market, the price gained from RMB 13,690/t to RMB 13,745/t on June 2.</p> <p>A00 Aluminium Ingot in spot China market is trading at discounts of RMB 70-30/t.</p> <p>As on June 2, price for Aluminium Alloy (A380) in China remains flat at RMB 15,650/t and is expected to move within a range of RMB 15,550- 15,750/t over the day. Aluminium Alloy (A356) price increased from RMB 14,300/t to stand at RMB 14,350 and expected to move within a range of RMB 14,300- 14,400/t.</p>