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Alumina prices in major China markets on downward track; A00 aluminium ingot prices increase

Average alumina prices in four major China markets have registered a drop on Wednesday, 10 July 2019. The average spot alumina price stands at RMB 2631 per tonne, down RMB 36 per tonne from the previous average alumina price.

Alumina price in East China is hovering around RMB 2640 per tonne, down RMB 40 per tonne from its previous price. Alumina Central China stands at RMB 2630 per tonne, down RMB 40 per tonne from its earlier price. Alumina price in North China has declined by RMB 30 per tonne to stand at RMB 2630 per tonne, and Alumina South China is down RMB 40 per tonne at RMB 2635 per tonne as on July 10.

A00 aluminium ingot price has edged higher by RMB 10 per tonne to stand at RMB 13720 per tonne. The price was RMB 13710 per tonne on Tuesday. The average price is expected to move within a range of RMB13700-13740 per tonne.

A00 aluminium ingot in Linyi registers the highest price at RMB 13760 per tonne. In Wuxi, aluminium ingot price has risen by RMB 20 per tonne to stand at RMB 13730 per tonne; Hangzhou aluminium price stands at RMB 13745 per tonne; Shenyang aluminium price is at RMB 13700 per tonne (+30 per tonne); and Tianjin aluminium price is RMB 13710 per tonne, up RMB 10 per tonne.

Aluminium price in Gongyi has declined by RMB 10 per tonne to stand at RMB 13600 per tonne on Wednesday, 10 July 2019.



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