As updated by Shanghai Metals Market, average spot alumina price in China has extended its decline by RMB 12 per tonne on Friday, 14 August 2020. The price now stands at RMB 2302 per tonne today. The prices in all other major markets have also declined today, except South.
The prices of alumina in East, Central, and North China markets have reduced by RMB 15 per tonne, RMB 15 per tonne and RMB 10 per tonne to stand at RMB 2290 per tonne, RMB 2300 per tonne, and RMB 2290 per tonne. Alumina-South remains unchanged at RMB 2520 per tonne.
Alumina (Imported) price fell to RMB 2320 per tonne on Friday, representing a drop of RMB 50 per tonne. The average price is expected to move within a range of RMB 2300-2340 per tonne
A00 aluminium ingot price has dropped by RMB 60 per tonne after registering a hike of RMB 170 per tonne on Thursday. The price now stands at RMB 14560 per tonne, from its previous price of RMB 14620 per tonne. The price is expected to move within a range of RMB 14540-14580 per tonne.
Aluminium prices in Foshan, Wuxi, and Hangzhou stand at RMB 14490 per tonne, RMB 14550 per tonne and RMB 14555 per tonne, down RMB 60 per tonne, RMB 60 per tonne and RMB 50 per tonne. The prices in Chongqing, Shenyang, Tianjin and Linyi, have decreased to stand at RMB 14435 per tonne, RMB 14595 per tonne, RMB 14550 per tonne, and RMB 14610 per tonne.
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The price in Gongyi has registered an increase of RMB 30 per tonne to RMB 14635 per tonne. The price is expected to move within a range of RMB 14610-14660 per tonne.
source https://www.alcircle.com/news/alumina-imported-price-fell-to-rmb-2320-t-a00-aluminium-ingot-inches-down-by-rmb-60-t-57759
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