China’s SMM A00 aluminium ingot price soars by RMB150/t but down 0.42% Y-o-Y; High purity aluminium adds RMB200/t

China’s eight main provinces have all seen skyrocketing prices today, with a uniform rate of RMB 18,920 per tonne recorded in Wuxi, Hangzhou, Chongqing, Shenyang, Tianjin and Linyi, with the aluminium price heightening by RMB 100 per tonne in the last three and RMB 140 per tonne, RMB 150 per tonne and RMB 120 per tonne in the first three, respectively. In Foshan, the aluminium price soared by RMB 190 per tonne to close at RMB 18,970 per tonne, while in Gongyi, it levitated by RMB 140 per tonne to officiate at RMB 18,850 per tonne. 

China’s low-carbon aluminium price has spiked by RMB 190 per tonne to close at RMB 19,749 per tonne.