🇨🇳Live Aluminium Price Per 1 Scrap Aluminum LB Today in China
Live Rate
Live Rate
Buy
Sell
Metric Ton (LME Baseline)
Global standard pricing
CN¥24,783.48
$3,651.75
Aluminum Futures
Market contract projection
CN¥24,783.48
$3,651.75
Aluminum Ingot
Refined casting blocks
CN¥24,783.48
$3,651.75
Per Kilogram (Kg)
Standard metric unit
CN¥24.78
$3.65
Per Pound (lb)
Imperial unit
CN¥11.24
$1.66
Scrap Aluminum (Kg)
Extrusion / Cans Baseline
CN¥24.78
$3.65
Current Aluminium Price per undefined in China
Explore the most in-depth portal for real-time Aluminium prices in China. Right now, the price of Aluminium per undefined stands as a vital benchmark for industrial production across the region. This dashboard delivers live market data sourced directly from the London Metal Exchange (LME), ensuring you have the most reliable pricing in CNY.
Industrial Aluminium Form Analysis & Applications
This versatile base metal is widely used in packaging across China. As green energy projects grows, the appetite for durable aluminium remains exceptionally strong. Monitoring the Aluminium spot price per undefined enables manufacturers to forecast material costs with high precision.
- Aluminium Extrusion: Profiles used in window frames, building facades, and structural supports. Highly valued in scrap markets.
- Aluminium Sheet & Coil: Used extensively in the packaging industry (cans, foil) and automotive body panels.
- Cast Aluminium: Utilized in engine blocks and heavy machinery components due to its excellent thermal conductivity.
- Billet & Ingot: The foundational blocks of raw aluminium used by foundries and manufacturers to create final products.
The Secondary Market: Aluminium Scrap in China
The secondary market for aluminium scrap in China is extremely active. Since recycling aluminium requires only 5% of the energy needed to smelt new aluminium, the recycling rate remains tightly correlated to the spot price. If you are dealing in cast aluminium, knowing the live rate per undefined in CNY is crucial for maximizing returns.
24-Hour Aluminium Market Trend in China
In the last 24 hours, the Aluminium market in China has shown interesting fluctuations. Investors and industrial buyers are monitoring the undefined price as it adjusts to supply chain announcements. Short-term projections suggest that if EV manufacturing orders remain strong, the baseline LME price could see upward pressure. Conversely, any drops in manufacturing output might trigger a cooling off period in CNY.
Live Market Sentiment & Future Outlook
Current investor outlook for Aluminium leans towards steady growth. The transition to sustainable infrastructure means long-term usage is virtually guaranteed. Local extruders in China are securing inventory to protect from future volatility. Furthermore, scrap dealers report strong processing volumes, indicating a healthy circular economy that supports the overall pricing structure.
Frequently Asked Questions (Aluminium)
Q:What is the live price of Aluminium per undefined in China?
A:The live price of Aluminium per undefined is undefined CNY. This price is refreshed continuously based on global commodity exchanges.
Q:Why is Aluminium so critical in China?
A:Aluminium is vital because of its corrosion resistance. It is the foundation for beverage cans.
Q:How much does recycled aluminium sell for?
A:Secondary aluminium rates generally trade at a percentage to the spot market. Bare aluminium wire fetches the highest prices, while painted aluminium commands slightly discounted rates.
Q:What is the difference between primary aluminium and Alumina?
A:Bauxite ore is the raw material mined from the earth. It is refined into aluminium oxide, which is then electrolyzed to produce primary aluminium. The price per undefined we track is for the refined metal.
Q:Does the LME control the price in China?
A:The London Metal Exchange acts as the primary reference point for Aluminium pricing. Local prices in China are calculated using the LME base rate plus shipping costs and converted into CNY.
Q:Is Aluminium used in green energy?
A:Definitely. Aluminium is crucial in electric vehicles to offset the weight of heavy batteries, thereby increasing driving range.
Q:How often does the Aluminium price change?
A:Aluminium prices change constantly during market sessions on commodities markets. Our platform captures these changes instantly.
Q:What factors influence the Aluminium price per undefined?
A:Major drivers include electricity prices (since smelting is energy-intensive), manufacturing output in countries like China, and mining output of Bauxite.
Q:Can I trade Aluminium in China?
A:Certainly, investors can trade Aluminium through mining stocks. Physical trading usually involves scrap recycling rather than retail bullion.
Q:Why is Aluminium pricing usually quoted in Metric Tons?
A:Due to its massive production volumes, the institutional baseline is the Metric Ton. However, we provide conversions to undefined and CNY for easier tracking.
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