China’s A00 aluminium ingot price gains RMB70/t to RMB18,860/t; Low carbon aluminium price adds RMB33/t

The prices have shown growth in all the provinces. The price in Wuxi has experienced a growth of RMB 80 per tonne to RMB 18,870 per tonne. In regions like Gongyi, Hangzhou, Chongqing, and Shenyang, it has grown by RMB 70 per tonne to settle at RMB 18,770 per tonne and RMB 18,860 per tonne, respectively. On the same day in Linyi, the A00 aluminium ingot price added RMB 60 per tonne to settle at RMB 18,880 per tonne, followed by a rise of RMB 50 per tonne in Foshan and Tianjin to arrive at RMB 18,880 per tonne and RMB 18,860 per tonne.

The low carbon aluminium price has expanded by RMB 33 per tonne to reach RMB 19,686 per tonne. As per the SMM data, the price of high-purity aluminium (99.99%) price and high-purity aluminium (99.996%) price has hiked by RMB 100 per tonne to clock at RMB 26,300 per tonne and RMB 27,300 per tonne.

The price of aluminium alloy (A356) has increased by RMB 50 per tonne to arrive at RMB 19,450 per tonne, with average prices between RMB 19,300 per tonne and RMB 19,600 per tonne. For aluminium alloys (ADC12) and aluminium alloy (A380) the prices have remained unchanged at RMB 19,900 per tonne and RMB 20,900 per tonne. As per the SMM data, the price of aluminium powder has inched up by RMB 0.1 per kg to stand at RMB 21.3 per kg, with the average prices standing between RMB 21.2 per kg and RMB 21.4 per kg.