Base Price Soars, Aluminum Bar Processing Fees Plunge Amid Market Weakness and Holiday Cash Demands

Published: Sep 25, 2024 14:37

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SMM News on September 25:

Today, the base price surged sharply, and the processing fee of aluminum bars fell significantly. The high mid-session price exacerbated the wait-and-see sentiment of downstream buyers, leading to a notable weakening of spot transactions. The downstream generally suppressed prices and made fewer purchases. Holders of goods had a demand for cash before the holiday, and subsequent processing fee quotes continued to decline, resulting in a sluggish market transaction...

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