The average prices today are estimated to range between RMB 19,720 per tonne and RMB 19,760 per tonne, with a spot contract to be traded at a discount price of RMB 110 per tonne and RMB 70 per tonne.
China’s domestic price of low-carbon aluminium has also seen a hike of RMB 54 per tonne on August 26 to clock at RMB 20,582 per tonne, standing at a week-on-week high of RMB 253 per tonne compared to RMB 20,329 per tonne and a month-on-month increase of RMB 561 per tonne from RMB 20,021 per tonne.