On Wednesday, February 21, China’s A00 aluminium ingot price gained RMB 210 per tonne to settle at RMB 18,880 per tonne, with the average prices between RMB 18,860 per tonne and RMB 18,900 per tonne. The spot contract price may be traded at a discount price of RMB 40 to a premium price of RMB 0 per tonne.
As per the SMM data, the domestic aluminium ingot prices in Hangzhou and Wuxi have expanded by RMB 210 per tonne and RMB 200 per tonne to settle at RMB 18,880 per tonne. On the same day, the price in Foshan also gained RMB 200 per tonne to peg at RMB 18,990 per tonne. In Chongqing and Gongyi, the A00 aluminium ingot price has ascended by RMB 190 per tonne and RMB 180 per tonne to score at RMB 18,860 per tonne and RMB 18,760 per tonne.
In Shenyang and Linyi, the aluminium ingot prices have hiked by RMB 160 per tonne to score at RMB 18,880 per tonne. In Tianjin, the price has moved up by RMB 110 per tonne to arrive at RMB 18,830 per tonne.
The domestic price of low-carbon aluminium has grown by RMB 227 per tonne to clock at RMB 19,794 per tonne. The price of high-purity aluminium (99.99%) price and high-purity aluminium (99.996%) price has surged by RMB 200 per tonne to arrive at RMB 26,350 per tonne and RMB 27,350 per tonne. The price of aluminium powder has inched up by RMB 0.2 per kg to settle at RMB 21.3 per kg, with average prices between RMB 21.2 per kg and RMB 21.4 per kg.
Aluminium alloys (A356) price has expanded by RMB 200 per tonne to settle at RMB 19,500 per tonne, with the average prices between RMB 19,300 per tonne and RMB 19,700 per tonne. On the same day, aluminium alloys (ADC12) and aluminium alloy (A380) have grown by RMB 100 per tonne to peg at RMB 20,000 per tonne and RMB 21,000 per tonne. For (ADC12) the average prices may range between RMB 19,900 per tonne and RMB 20,100 per tonne. For aluminium alloy (A380), the average price may orbit between RMB 20,900 per tonne and RMB 21,100 per tonne.
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