China’s A00 aluminium ingot price glides up by RMB100/t; Alumina price in Guizhou sheds RMB10/t

A00 aluminium ingot price has seen RMB 100 per tonne augmentation, halting at RMB 18,570 per tonne, as the Shanghai Metals Market recorded on March 7. The average prices are expected to range between RMB 18,550 per tonne and RMB 18,590 per tonne, with spot contracts trading at discount prices of RMB 90 per tonne and RMB 50 per tonne.

The provinces in China all have witnessed increasing aluminium ingot prices, with it rising the highest in Gongyi, Foshan and Chongqing by RMB 100 per tonne, stopping at RMB 18,490 per tonne, RMB 18,600 per tonne and RMB 18,640 per tonne. The aluminium price in Hangzhou has jumped up by RMB 95 per tonne, officially closing at RMB 18,575 per tonne. In Wuxi and Linyi, the aluminium prices have gained RMB 90 per tonne, halting at RMB 18,565 per tonne and RMB 18,590 per tonne, respectively. The aluminium price in Shenyang has shot up by RMB 80 per tonne to RMB 18,550 per tonne, while the aluminium price in Tianjin has gone up the graph by RMB 70 per tonne, resting at RMB 18,570 per tonne.

The low carbon aluminium price has shown an upward trajectory today, clocking at RMB 19,117 per tonne after RMB 95 per tonne was added to it.

The prices of high-purity aluminium (99.99%) and high-purity aluminium (99.996%) have both accumulated RMB 100 per tonne more, closing at RMB 26,300 per tonne and RMB 27,300 per tonne.

The price of alumina in Guizhou has lost RMB 10 per tonne, settling down at RMB 2,865 per tonne.

The price of aluminium alloy (A356) has increased by RMB 100 per tonne to officially close at RMB 19,600 per tonne.

The price of aluminium powder in China has inched up by RMB 0.10 per kg, leaving a benchmark price of RMB 20.30 per kg, with average prices ranging between RMB 20.20 per kg and RMB 20.40 per kg.