Aluminum Bar Spot Daily Report: Aluminum Base Price Declines, Processing Fees Vary, Poor Trading Due to Weakened End-User Demand
SMM News on January 4: Today, the SMM A00 aluminum price fell by 130 yuan/ton compared to the previous working day, to 19400 yuan/ton. The Foshan A00 aluminum price was also 19400 yuan/ton, a decrease of 110 yuan/ton compared to the previous working day. Today, the aluminum base price experienced a significant decline, and the processing fees for aluminum bars varied in different regions. Overall, weakened end-user demand due to the approaching Spring Festival resulted in poor trading as downstream buyers made purchases on an as-needed basis. In the Foshan region...
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