Chinese ADC 12 export price hits fresh high amid raw material tightness

Export aluminium ingot ADC 12 prices in China continued to rise this past week, with concerns of supply tightness and higher costs in the raw materials market causing producers to raise their offers.

Metal Bulletin assessed the aluminium ingot ADC 12 main Japanese ports price at $2,040-2,060 per tonne on Wednesday January 31, up $40 per tonne or 2% on a weekly basis.
The latest assessment marks the highest level since Metal Bulletin began assessing the market in June 2016.

Concerns about tight supply of raw materials, such as zorba, used in the production of ADC 12 are said to be the main factor behind...

Published

Echo Ma

February 01, 2018

03:01 GMT

Shanghai