As per the SMM data, the prices in Foshan, Wuxi and Hangzhou have declined by RMB 70 per tonne to clock at RMB 19,060 per tonne and RMB 19,090 per tonne. On the same day, the domestic aluminium ingot prices in Gongyi and Chongqing descended by RMB 50 per tonne, settling at RMB 18,980 per tonne and RMB 19,060 per tonne.
In Shenyang, the price slumped by RMB 30 per tonne to RMB 19,040 per tonne. In Tianjin and Linyi, the A00 aluminium ingot price dipped by RMB 20 per tonne to reach RMB 19,120 per tonne and RMB 19,140 per tonne.
On the same day, the low carbon aluminium price contracted by RMB 69 per tonne to RMB 19,927 per tonne, followed by a slump of RMB 100 per tonne in the High purity aluminium (99.99%) price and the high purity aluminium (99.996%) price to peg at RMB 26,500 per tonne and RMB 27,500 per tonne, respectively.
The average alumina spot price has dipped by RMB 4 per tonne to RMB 3,328 per tonne. In Shanxi, the price has decreased by RMB 10 per tonne to RMB 3,335 per tonne. As per the data, the price of aluminium alloy (A356) has decreased by RMB 50 per tonne to RMB 19,700 per tonne, with the average prices standing between RMB 19,500 per tonne and RMB 19,900 per tonne.
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