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.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
