SMM aluminium ingot price recorded an increase after two days of drop. The price climbed by RMB 110 per tonne to stand at RMB 15060 per tonne on Monday, 19 October 2020, from Friday price of RMB 14950 per tonne. The price is expected to range at RMB 15040-15080 per tonne. 

In Foshan and Wuxi, the price rose by RMB 140 per tonne and RMB 110 per tonne to stand at RMB 14960 per tonne and RMB 15060 per tonne. Aluminium prices in Hangzhou and Chongqing came in at RMB 15050 per tonne and RMB 15045 per tonne, up RMB 110 per tonne and RMB 115 per tonne.

Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi increased to stand at RMB 15035 per tonne, RMB 15040 per tonne, RMB 15040 per tonne, and RMB 14940 per tonne.

The aluminium alloy (ADC12) price stood at RMB 15300 per tonne on Monday,19 October 2020, an increase of RMB 150 per tonne after four days of restrained. The price is expected to range at RMB 15200 per tonne-15400 per tonne.

The prices of aluminium alloy (ADC12) – East, South, and Southwest came in at RMB 15300 per tonne, RMB 15150 per tonne, and RMB 15100 per tonne, an increase of RMB 150 per tonne each.

Aluminium Alloy (A356) price was up by RMB 100 per tonne to RMB 15650 per tonne and is expected to move within a range of RMB 15600- 15700 per tonne. The Aluminium alloy (A380) inched up by RMB 150 per tonne to stand at RMB 16200 per tonne on Monday, 19 October 2020.