SMM A00 aluminium ingot price skyrockets by RMB 360/t along with a surge in imported bauxite by US$ 0.03/t

China’s low carbon aluminium price has increased significantly, with RMB 404 per tonne close at RMB 21,034 per tonne. The prices for high-purity aluminium (99.99% and 99.996%) have also jumped by RMB 400 per tonne to officiate at RMB 27,200 per tonne and RMB 28,200 per tonne, respectively. The high-purity aluminium prices are ranging between RMB 26,800 per tonne to RMB 27600 per tonne for 99.99% purity and RMB 27,800 per tonne to RMB 28,600 per tonne for 99.996% purity.