China’s A00 aluminium ingot price loses RMB20/t after an intermittent rise; Input costs display no change

In Foshan, the domestic ingot price has decreased by RMB 40 per tonne to stand at RMB 18,830 per tonne, with average prices hovering around RMB 18,810-RMB 18,850 per tonne. In Wuxi, Hangzhou, Chongqing, and Shenyang, A00 aluminium ingot price has unanimously dropped by RMB 20 per tonne to stand at RMB 18,790 per tonne.

In Tianjin and Linyi, the primary aluminium ingot price has gained RMB 20 per tonne and RMB 10 per tonne, respectively, to settle at RMB 18,810 per tonne and RMB 18,820 per tonne as of February 28.

China’s domestic low-carbon aluminium price has shed off RMB 41 per tonne on February 28 to stand at RMB 19,653 per tonne, found SMM.