China’s alumina price stands higher by RMB 3/t; Aluminium alloy (ADC12) price drops to RMB 19200/t
The alumina price in China has increased by RMB 3 per tonne on Monday, 31 May 2021, after remaining flat on Friday. The price is currently hovering at RMB 2465 per tonne, as updated by Shanghai Metals Market.
Alumina price in Shandong has climbed by RMB 10 per tonne to stand at RMB 2460 per tonne. The prices of alumina in Guizhou and Guangxi increased to stand at RMB 2415 per tonne each on Monday, 31 May 2021, up by RMB 20 per tonne each. The price Henan and Shanxi China markets have remained unchanged at RMB 2475 per tonne each.
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SMM aluminium ingot price has declined to stand at RMB 18780 per tonne on Monday, 31 May 2021, indicating a drop of RMB 40 per tonne after a hike on Friday. The price is expected to range at RMB 18760-18800 per tonne.
The aluminium alloy (ADC12) price has decreased by RMB 50 per tonne to RMB 19200 per tonne on Monday, 31 May 2021. The price is expected to range at RMB 19100 per tonne-19300 per tonne. The prices of aluminium alloys in East, South and Southwest have come in at RMB 19200 per tonne, RMB 19150 per tonne and RMB 19150 per tonne, a decline of RMB 50 per tonne each.
The Aluminium alloy (A380) and Aluminium alloy (A356) have inched down by RMB 50 per tonne and RMB 100 per tonne to RMB 20200 per tonne and RMB 19450 per tonne on Monday, 31 May 2021.
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