
On Friday, August 11, the A00 aluminium ingot price in China has grown by RMB 10 per tonne to close at RMB 18,550 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 40 to a premium price of RMB 0 per tonne. As per the data, the average prices are expected to be traded between RMB 18,530 per tonne and RMB 18,570 per tonne.

As per the data shared by the Shanghai Metals Market (SMM), the prices in Hangzhou, Shenyang, and Linyi have gained RMB 70 per tonne to reside at RMB 18,540 per tonne, RMB 18,490 per tonne and RMB 18,590 per tonne. The prices in Chongqing and Wuxi have hiked by RMB 60 per tonne and RMB 50 per tonne to score at RMB 18,530 per tonne. The A00 aluminium ingot price in Gongyi and Tianjin has moved up by RMB 20 per tonne to peg at RMB 18,500 per tonne and RMB 18,510 per tonne. In Foshan, it has gone up by RMB 10 per tonne to settle at RMB 18,520 per tonne.
The domestic price of low-carbon aluminium has grown by RMB 27 per tonne, stopping at RMB 19,243 per tonne. The average alumina spot price has risen by RMB 5 per tonne to reach RMB 2,901 per tonne. In Guizhou, it has ascended by RMB 10 per tonne to reside at RMB 2,890 per tonne. On the same day, the prices in Shandong and Shanxi moved up by RMB 5 per tonne to clock at RMB 2,860 per tonne and RMB 2,920 per tonne.
The Australian alumina FOB price has increased by US$2 per tonne to come in at US$342 per tonne. The prices of aluminium alloys (ADC12), aluminium alloy (A356) and (A380) have shown no change at RMB 19,000 per tonne, RMB 19,150 per tonne and RMB 20,000 per tonne.
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