China’s aluminium price stands at RMB 19540/t; Aluminium alloy (ZLD102) drops by RMB 100/t
SMM aluminium ingot price registered a drop after two days of hike. The price stood at RMB 19540 per tonne on Tuesday, July 27 2019, a decline of RMB 90 per tonne from RMB 19630 per tonne on July 26. The price is expected to move within a range of RMB 19520-19560 per tonne today.
In Foshan and Wuxi, the price dropped by RMB 90 per tonne and RMB 80 per tonne to stand at RMB 19670 per tonne and RMB 19545 per tonne on Tuesday, July 27, 2021. Aluminium prices in Hangzhou and Chongqing came in at RMB 19550 per tonne each, down RMB 75 per tonne and 130 per tonne.
Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 19490 per tonne, RMB 19530 per tonne, RMB 19500 per tonne, and RMB 19400 per tonne on Tuesday, July 27, 2021.
The price of aluminium alloy (ZLD102) and aluminium alloy (ZLD104) stood at RMB 20200 per tonne and RMB 20150 per tonne, a decrease of RMB 100 per tonne each. Their prices are expected to move within a range of RMB 20000- 20400 per tonne and RMB 20050- 20250 per tonne. The Aluminium alloy (A356) fell by RMB 100 per tonne to RMB 20150 per tonne on Tuesday, July 27, 2021.
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