A00 aluminium ingot price soars by RMB300/t; Aluminium alloy (A356) price climbs higher

A00 aluminium ingot price has edged higher by RMB 300 per tonne or 2.15 per cent today. As on Tuesday, 13 August 2019, ingot price ranged at RMB 14230-14270 per tonne; the average price stood at RMB 14250 per tonne, from its previous price of RMB 13950 per tonne on August 12.

In Foshan and Wuxi, aluminium ingot price has increased by RMB 300 per tonne and RMB 265 per tonne to stand at RMB 14240 per tonne each. Their average price is expected to range within RMB 14220- 14260 per tonne and RMB 14230- 14250 per tonne.  Aluminium price in Hangzhou is up RMB 290 per tonne at RMB 14255 per tonne as on August 13.

Aluminium ingot prices in Chongqing, Shenyang, Tianjin, Linyi, and Gongyi stand at RMB 14210 per tonne, RMB 14190 per tonne, RMB 14200 per tonne, RMB 14210 per tonne, and RMB 14100 per tonne.

Aluminium alloy (A356) price has risen by RMB 300 per tonne to RMB 14900 per tonne. The price is expected to range between RMB 14850 per tonne and RMB 14950 per tonne. Aluminium Alloy (ZLD102) price stands at RMB 15000 per tonne, up RMB 350 per tonne from its previous price. Aluminium Alloy (ZLD104) is hovering at RMB 14950 per tonne (+RMB350 per tonne).

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