According to Shanghai Metals Market, Weiqiao Group lowered its prebaked anode purchasing prices by RMB 130 per tonne after it cut prices by RMB 50 per tonne in December. For January the prices are hovering at RMB3,460 per tonne in cash and RMB 3,495 per tonne on acceptance.
Prebaked anode prices in east China market declined RMB 130 per tonne on January 2, 2019. Average price of prebaked anode stood at RMB 3,495 per tonne today. The price is expected to range between RMB 3395 per tonne RMB3595 per tonne.
Prebaked anode prices in Central, South-west and North-west remained unchanged at RMB 3610 per tonne, RMB 3900 per tonne, and RMB 4000 per tonne respectively.
Price of cryolite is currently ranging at RMB 5900-6100 per tonne. The price of aluminium fluoride is hovering at 11100- 11300 per tonne.