Alumina price in China declines by RMB10/t; A00 ingot price in Foshan up RMB10/t

The average spot price of alumina further recorded a decline of RMB 10 per tonne to stand at RMB 2517 per tonne on Wednesday, 24 July 2019.  The prices of alumina fell across major China markets today.

Spot alumina prices in East China, Central China, North China, and South China markets dropped by RMB 10 per tonne each. The average prices of alumina (East China), alumina (Central China), alumina (North China), and alumina (South China) stood at RMB 2530 per tonne, RMB 2530 per tonne, RMB 2500 per tonne, RMB 2525 per tonne respectively on July 24.

Australian alumina FOB price came in at USD 298 per tonne, down RMB 1 per tonne from its previous price of USD 299 per tonne.

A00 aluminium ingot price declined RMB 10 per tonne to RMB 13790 per tonne on Wednesday. The average price is expected to move within a range of RMB13770-13810 per tonne.

Aluminium ingot price in Foshan and Hangzhou increased by RMB 10 per tonne and RMB 5 per tonne to stand at RMB 13780 per tonne and RMB 13805 per tonne. Aluminium ingot price in Wuxi came in at RMB 13780 per tonne, down RMB 10 per tonne.

On Wednesday, 24 July 2019, aluminium ingot price in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stood at RMB 13780 per tonne, RMB 13740 per tonne, RMB 13770 per tonne, RMB 13790 per tonne and RMB 13660 per tonne.

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