Aluminum bar spot daily review: Aluminum base price surged again, downstream gradually reduced production and went on holiday, market transactions became more subdued
SMM News on January 26: Today, the A00 aluminum price of SMM rose by 210 yuan/ton compared with the previous working day, reaching 19,120 yuan/ton, while the A00 aluminum price in Foshan rose by 170 yuan/ton to 19,220 yuan/ton. Influenced by the positive macroeconomic sentiment, the aluminum base price surged again today. Combined with downstream entering the pre-holiday production reduction period, demand continued to weaken, and aluminum bar processing fees fell, but transactions became more subdued. Foshan area...
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