SMM A00 aluminium ingot price gathers RMB160/t W-o-W reaching RMB19250/t; High purity aluminium price adds RMB100/t

If we consider the aluminium price on March 11, last Monday, there can be seen a Week-on-Week growth of RMB 160 per tonne from RMB 19,090 per tonne recorded that day.

The eight central provinces have all shown heightening aluminium prices, with the highest spike of RMB 90 per tonne noticed in Foshan and Linyi, where the aluminium prices stood at RMB 19,210 per tonne and RMB 19,220 per tonne. Other than that, in Wuxi, Hangzhou, Chongqing and Shenyang, the aluminium prices levitated by RMB 70 per tonne to officially close at RMB 19,240 per tonne, RMB 19,250 per tonne, RMB 19,200 per tonne and RMB 19,170 per tonne. In Gonyi, the A00 aluminium price has grown by RMB 60 per tonne to arrive at RMB 19,140 per tonne. Lastly, in Tinajin, the aluminium price has increased by RMB 20 per tonne to close at RMB 19,220 per tonne.

China’s low carbon aluminium price has augmented by RMB 90 per tonne to officiate at RMB 20,042 per tonne.

High purity aluminium (99.99%) price and high purity aluminium (99.996%) price in China have both swollen by RMB 100 per tonne to park at RMB 26,700 per tonne and RMB 27,700 per tonne.

The CIF Index of Import Bauxite price in China has risen by US$0.02 per tonne, closing at US$71.55 per tonne.

The aluminium alloy (A356) price and aluminium alloy (A360) price have both collected RMB 50 per tonne to officially stand at RMB 19,850 per tonne and RMB 20,150 per tonne, respectively.

China’s aluminium powder price has gained RMB 0.10 per kg to reach RMB 21.70 per tonne, with the average prices hovering between RMB 21.60 per kg and RMB 21.80 per kg.