Aluminum Bar Daily Report: Base Price Surges, Processing Fees Decline, Weak Downstream Demand
SMM, December 26th: Today, the SMM A00 aluminum price increased by 130 yuan/ton compared to the previous working day, reaching 19,200 yuan/ton. The A00 aluminum price in Foshan is 19,230 yuan/ton, an increase of 150 yuan/ton compared to the previous working day. Today, the base price of aluminum soared to more than 9,200 yuan, but with weak downstream demand during the off-season, the processing fees for aluminum bars lack support and show a weakening trend. However, downstream buyers remain cautious. In the Foshan region...
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