China’s domestic price of low-carbon aluminium has significantly increased by RMB 233 per tonne to stand at RMB 20,329 per tonne, marking a month-on-month hike of RMB 69 per tonne from RMB 20,260 per tonne.
High purity aluminium (99.99%) price has skyrocketed by RMB 200 per tonne to stand at RMB 26,600 per tonne, with average prices to range between RMB 26,200 per tonne and RMB 27,000 per tonne.
US primary aluminium production shows a 4% monthly rebound in October, but no positive change seen in YTD output
