Average spot alumina price continued their downward trend and stood at RMB 2777 per ton today, Tuesday, February 19. This marked a drop of 0.57 per cent or RMB16 per ton from RMB2793 per ton on February 13. The spot price is expected to range within RMB2777 per ton.

Alumina-East and Alumina-Central declined by 0.35 per cent and 0.71 per cent to stand at RMB2820 per ton and RMB2790 per ton. Alumina-East and Alumina-Central were at RMB2830 per ton and RMB2810 per ton on Wednesday, February 13.Alumina-North and Alumina-South stood at RMB 2760 per ton and RMB 2775 per ton today, respectively.

In another update from SMM, after four consecutive rise in a row, aluminum ingot price reduced by 0.45 per cent or RMB 60 per ton today. A00 aluminum ingot price stood at RMB 13350 per ton. The average price is expected to range between RMB13330 per ton and RMB13370 per ton, with spot discounts to settle at RMB70-30 per ton.

Aluminum ingot prices in East (Wuxi) and East (Hangzhou) dropped by RMB35 per ton to stand at RMB13350 per ton and RMB13355 per ton today. In Wuxi, the price is expected to range between RMB 13340 - 13360 per ton; in Hangzhou, the price is expected to range between RMB 13350 - 13360 per ton. Aluminum ingot prices in South and North stood at RMB13410 per ton and RMB13360 per ton.