Alumina price in China down by 1.01%; Aluminium alloy (ADC12) price stands at RMB 14000/t

The average spot alumina price in China dropped from RMB 2786 per tonne to RMB 2758 per tonne on Tuesday, 02 July 2019.  This records a decline of RMB 28 per tonne or 1.01 per cent. In East China market spot alumina price stood at RMB 2770 per tonne, down RMB 30 per tonne.

The average alumina spot price in Central China market decreased to RMB 2760 per tonne today, from RMB 2790 per tonne. Alumina prices in North and South dropped RMB20 per tonne and RMB40 per tonne each to stand at RMB2750 per tonne and RMB2770 per tonne.

A00 aluminium ingot price stood RMB110 per tonne lower on Tuesday. Ingot price came in at RMB 13650 per tonne today. The average price is expected to range at RMB 13630- 13670 per tonne.

Aluminium ingot price in Foshan came in at RMB 13690 per tonne. Ingot price in Wuxi and Hangzhou declined RMB 100 per tonne each to stand at RMB 13650 per tonne and RMB 13680 per tonne.

Aluminium ingot price in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stood at RMB 13660 per tonne, RMB 13630 per tonne, RMB 13650 per tonne, RMB 13700 per tonne and RMB 13570 per tonne.

Aluminium alloy (ADC12) price declined by RMB 100 per tonne to range at RMB 13900-14100 per tonne. The price came in at RMB 14000 per tonne. The prices of aluminium alloy (A356) and aluminium alloy (A380) stood at RMB 14350 per tonne and RMB 14850 per tonne. Their average price is expected to range at RMB14300- 14400 per tonne and RMB14750- 14950 per tonne.

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