The aluminum prices center shifted upward with processing fees moving rangbound, and the supply of Φ90 aluminum billet is insufficient [Daily review of spot aluminum billets]

Today, the price of SMM A00 aluminum increased by 60 yuan/ton compared with the previous working day, and was reported at 19,580 yuan/ton. Foshan A00 aluminum price was reported at 19,520 yuan/ton, which was increased by 70 yuan/ton compared with the previous working day. Today, aluminum prices continued to rise, and the processing fee for aluminum billets fluctuated slightly. There were fewer aluminum billets with a diameter of 90 in the market, mainly due to direct shipments from aluminum extrusion factories. The market circulation is tight, and billets factories have not yet reduced production. Downstream buyers still restocked as needed.
Near noon, the transaction price of Φ120Φ178 aluminum billets processing fee in south China was concentrated around 210 yuan/ton, and the processing fee of Φ90 billets was 260 yuan/ton, a decrease of 20 yuan/ton compared with the previous working day. Transactions in the east China market improved. Near noon, the processing fee for Φ120 aluminum billets was 260 yuan/ton, and the processing fee for Φ90 small billets was 390 yuan/ton, which was the same as the previous working day. Shipping in the Nanchang was moderate, with processing fees of 180 yuan/ton for Φ120 billets and 240 yuan/ton for Φ90 billets. The average processing fee price in Linyi, Shandong this week dropped by 10 yuan/ton compared with last week, and the average weekly price of Φ120 aluminum billets was around 320 yuan/ton.