A00 aluminium ingot price extends drop by RMB50/t; Aluminium alloy price registers a decline

2019-07-23

A00 aluminium ingot price has edged lower by 0.36 per cent today. As on Tuesday, 23 July 2019, ingot price ranged at RMB 13780-13820 per tonne; the average price stood at RMB 13800 per tonne, down by RMB 50 per tonne from its previous price of RMB 13850 per tonne on July 22.

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In Foshan and Wuxi, aluminium ingot price has dropped by RMB 50 per tonne each to stand at RMB 13770 per tonne and RMB 13790 per tonne. Their average price is expected to range within RMB 13750- 13790 per tonne and RMB 13780- 13800 per tonne.  Aluminium price in Hangzhou is down RMB 50 per tonne at RMB 13800 per tonne as on July 23.

On Tuesday, 23 July 2019, aluminium ingot prices in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stand at RMB 13790 per tonne, RMB 13760 per tonne, RMB 13790 per tonne, RMB 13810 per tonne, and RMB 13670 per tonne.

Aluminium alloy (A356) price has decreased by RMB 50 per tonne to RMB 14450 per tonne on Tuesday, 23 July 2019. The price is expected to range between RMB 14400 per tonne and RMB 14500 per tonne.  Aluminium Alloy (ZLD102) price stands at RMB 14600 per tonne, down RMB 50 per tonne from its previous price. Aluminium Alloy (ZLD104) is hovering at RMB 14550 per tonne (-RMB50 per tonne).