A00 aluminium ingot price in China declines by RMB130/t to RMB18,280/t
2023年06月08日 10:52:49
铝云汇
On Tuesday, June 6, China’s A00 aluminium ingot price has slumped by RMB 160 per tonne to settle at RMB 18,280 per tonne, with the spot contract price expected to be traded at a discount price of RMB 40 per tonne to a premium price of RMB 0 per tonne. The average price is expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne.
As per the SMM data, the A00 aluminium ingot prices in Foshan, Hangzhou and Shenyang have dwindled by RMB 130 per tonne to come in at RMB 18,380 per tonne, and RMB 18,280 per tonne, respectively. In Wuxi, the price has descended by RMB 120 per tonne to peg at RMB 18,260 per tonne. On the same day, in Gongyi, Chongqing and Tianjin, the prices have fallen by RMB 110 per tonne to clock at RMB 18,120 per tonne, RMB 18,280 per tonne and RMB 18,300 per tonne. In Linyi, the price has moved down by RMB 80 per tonne to close at RMB 18,280 per tonne.
The domestic price of low-carbon aluminium has contracted by RMB 130 per tonne to clock at RMB 18,988 per tonne. The high purity aluminium (99.99%) price and high purity aluminium (99.996%) price have declined by RMB 100 per tonne to RMB 25,900 per tonne and RMB 26,900 per tonne.
The average alumina spot price has inched down by RMB 1 per tonne to stop at RMB 2,843 per tonne. In Shanxi, the price has decreased by RMB 5 per tonne, halting at RMB 2,825 per tonne. The aluminium alloy (A356) price has slumped by RMB 150 per tonne to reach RMB 19,000 per tonne, with the average prices ranging between RMB 18,800 per tonne and RMB 19,200 per tonne.
For aluminium alloys (ADC12) and aluminium alloy (A380), the prices have gone down by RMB 50 per tonne to close at RMB 18,500 per tonne and RMB 19,500 per tonne. The average price for (ADC12) is expected to stand between RMB 18,400 per tonne and RMB 18,600 per tonne. On the same day, for (A380), the average prices are expected to orbit between RMB 19,400 per tonne and RMB 19,600 per tonne.
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