On February 20, SMM A00 aluminum was quoted at 20,690 yuan/mt, up 90 yuan/mt, with a discount of 60 yuan/mt against the March contract, down 0 yuan/mt. SMM A00 aluminum (Foshan) was quoted at 20,680 yuan/mt, up 90 yuan/mt, with a discount of 70 yuan/mt against the current month, flat. (Unit: yuan/mt)
The aluminum billet inventory in major domestic consumption areas stood at 315,300 mt, an increase of 8,300 mt compared to Monday, with the inventory inflection point yet to be officially formed. SHFE aluminum continued its strong performance, while aluminum billet processing fees came under pressure and declined. On the supply side, active quotations and shipments were observed, while downstream buyers maintained a wait-and-see approach, purchasing only as needed. Market transactions remained weak, and processing fees for aluminum billets in the three regions showed a pessimistic trend. Today, aluminum billet processing fees in the Foshan market were quoted at 120–170 yuan/mt, down 20 yuan/mt; in the Wuxi market, processing fees were quoted at 130–180 yuan/mt, down 20 yuan/mt; and in the Nanchang region, processing fees were quoted at 90–140 yuan/mt, down 60 yuan/mt. (Unit: yuan/mt)
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![Los precios del aluminio retroceden ligeramente, el tono débil se mantiene sin cambios [Reseña diaria del aluminio al contado en el sur de China de SMM]](https://imgqn.smm.cn/usercenter/ECUsL20251217171652.jpg)
