China’s A00 aluminium ingot price opens the week with a fall of RMB 150/t; Aluminium powder price inches down by RMB0.1/kg

As per the SMM data, the prices have dropped in all the major provinces, with the highest in Tianjin, where it has descended by RMB 180 per tonne to halt at RMB 20,310 per tonne, followed by a fall of RMB 160 per tonne at Gongyi and Foshan. The prices in Gongyi and Foshan have settled at RMB 20,130 per tonne and RMB 20,070 per tonne. In Wuxi, Hangzhou and Chongqing, the domestic aluminium ingot prices have fallen by RMB 150 per tonne to peg at RMB 20,250 per tonne, RMB 20,260 per tonne and RMB 20,170 per tonne.  The prices in Shenyang and Linyi have decreased by RMB 120 per tonne and RMB 100 per tonne to dock at RMB 20,240 per tonne and RMB 20,260 per tonne.