Industry News

China’s A00 aluminium ingot price registers a W-o-W hike of RMB520/t; Input costs expand over weekend

Update time : 2023-12-19 16:32:50

According to the Shanghai Metals Market survey, A00 aluminium ingot price has increased over the weekend for the fifth day in a row by RMB 130 per tonne to reach RMB 18,900 per tonne on December 18. Thus, on a week-on-week basis, China’s primary aluminium ingot price has hiked by RMB 520 per tonne from RMB 18,380 per tonne, attributed to aluminium operating capacity drop, particularly in Yunnan, due to renewable power shortages.

The average prices are estimated to range between RMB 18,880 per tonne and RMB 18,920 per tonne, with a spot contract to be traded at a premium price of RMB 10-50 per tonne.

Previous : China’s unwrought aluminium alloy imports in Oct’23 grow 17.5% M-o-M buoyed by outstanding orders

Next : US alumina imports till Q3 2023 reached 1 million tonnes with a range-bound quarterly growth

EMR’s low-carbon aluminium project secures £3.4M funding from APC

Nov .19.2024

EMR’s low-carbon aluminium project secures £3.4M funding from APC

China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t

Nov .19.2024

China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t

Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door

Nov .19.2024

Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door

China’s tax policy reforms propel mining gains; USD strength could pose risks

Nov .19.2024

China’s tax policy reforms propel mining gains; USD strength could pose risks