Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
19 JUNE 2023 SMM

China’s A00 aluminium ingot price sheds RMB40/t with high potential shown last week, down 6.64% Y-o-Y

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

As per the aluminium price index displayed in the Shanghai Metal Market, the aluminium spot price has experienced an RMB 40 per tonne loss, officially stopping at RMB 18,780 per tonne today, June 19. The average aluminium price trends are between RMB 18,760 per tonne and RMB 18,800 per tonne.

China’s A00 aluminium ingot price sheds RMB40/t with high potential shown last week, down 6.64% Y-o-Y

{alcircleadd}

Throughout June, the highest recorded prices until now have been RMB 18,570 per tonne on June 2 and RMB 18,650 per tonne on June 9. Otherwise, last week, on Friday, June 16, the aluminium spot price was RMB 18,820 per tonne, considerably higher than the usual mark of RMB 18,500 per tonne, yet down 6.64 per cent year-on-year. On June 22, 2022, the aluminium spot price was RMB 20,160 per tonne, as listed in the SMM aluminium price index.

The eight central provinces in China have all seen decreasing prices today, with the aluminium spot price dropping the highest in Linyi by RMB 90 per tonne to halt at RMB 18,680 per tonne, followed by RMB 60 per tonne fall in Foshan, resting at RMB 18,700 per tonne. In Gongyi and Wuxi, the aluminium prices have shed RMB 50 per tonne, officially closing at RMB 18,660 per tonne and RMB 18,800 per tonne, respectively. Other than that, Hangzhou and Chongqing have also witnessed a uniform downward shift of RMB 20 per tonne, settling at RMB 18,800 per tonne and 18,780 per tonne. Lastly, in Shenyang and Tianjin, the aluminium prices have both released RMB 10 per tonne, closing at RMB 18,760 per tonne each.

The price of high-purity aluminium (99.99%) and the price of high-purity aluminium (99.996%) have both dipped by RMB 100 per tonne, officially closing at RMB 26,200 per tonne and RMB 27,200 per tonne.

Outlook 2023

The price of aluminium alloy (A356) has eliminated RMB 50 per tonne, halting at RMB 19,450 per tonne, while the prices of aluminium alloys (ADC12) and aluminium alloy (A380) have both shed RMB 100 per tonne, closing at RMB 18,500 per tonne and RMB 19,500 per tonne, respectively.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.