On Wednesday, January 10, China’s A00 aluminium ingot price has gained RMB 110 per tonne to clock at RMB 19,210 per tonne, with the average prices standing between RMB 19,190 per tonne and RMB 19,230 per tonne.
As per the data, the prices in Chongqing and Tianjin have grown by RMB 120 per tonne to peg at RMB 19,210 per tonne and RMB 19,260 per tonne. On the same day, the Shanghai Metals Market (SMM) data revealed that the prices in Foshan and Shenyang have ascended by 100 per tonne to arrive at RMB 19,260 per tonne and RMB 19,170 per tonne. The domestic aluminium ingot prices in Wuxi and Hangzhou have expanded by RMB 110 per tonne to halt at RMB 19,210 per tonne. In Linyi and Gongyi, the A00 aluminium ingot prices have increased by RMB 110 per tonne, settling at RMB 19,260 per tonne and RMB 19,140 per tonne.
The domestic price of low-carbon aluminium has hiked by RMB 101 per tonne to come in at RMB 19,999 per tonne. The high purity aluminium (99.99%) price and high purity aluminium (99.996%) price have added RMB 100 per tonne to halt at RMB 26,900 per tonne and RMB 27,900 per tonne.
On the same day, the SMM data revealed that the average alumina spot price has grown by RMB 9 per tonne to reach RMB 3,325 per tonne. The price in Henan has shot up by RMB 20 per tonne to settle at RMB 3,370 per tonne. Shanxi's price has grown by RMB 10 per tonne to reach RMB 3,380 per tonne. In Shandong and Guangxi, the alumina prices have added RMB 5 per tonne to reside at RMB 3,180 per tonne and RMB 3,350 per tonne.
The Australian alumina FOB price has gained RMB 15 per tonne to peg at RMB 371 per tonne. The price of aluminium alloy (A356) has hiked by RMB 100 per tonne to clock at RMB 19,850 per tonne, with average prices between RMB 19,700 per tonne and RMB 20,000 per tonne. The aluminium powder price has inched up by RMB 0.1 per kg to come in at RMB 21.8 per kg, with the average prices standing between RMB 21.7 per kg and RMB 21.9 per kg.
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