China’s A00 aluminium ingot price drops to RMB20320/t; Alumina price expands by 10.95% M-o-M
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Update time : 2024-12-03 15:25:23
China’s A00 aluminium ingot price has lost RMB 60 per tonne to settle at RMB 20,320 per tonne, with the spot contract price expected to be traded at a discount price of RMB 10 per tonne and a premium price of RMB 30 per tonne. The average prices may stand between RMB 20,300 per tonne and RMB 20,340 per tonne.
As of today, December 3, the prices in all the regions have decreased. The A00 aluminium ingot prices in Chongqing and Gongyi have lost RMB 80 per tonne and RMB 70 per tonne to settle at RMB 20,300 per tonne and RMB 20,210 per tonne. In regions like Foshan and Linyi, the domestic aluminium ingot prices have descended by RMB 60 per tonne and RMB 50 per tonne, arriving at RMB 20,310 per tonne and RMB 20,270 per tonne. In Wuxi, Hangzhou and Tianjin, the prices have moved down by RMB 40 per tonne to reach RMB 20,340 per tonne, RMB 20,370 per tonne and RMB 20,320 per tonne. In Shenyang, the A00 aluminium ingot price dropped by RMB 20 per tonne to peg at RMB 20,340 per tonne.
