Review of SMM Aluminum Bar Trading Day on April 9, 2020

SMM4, 9 May:

Spot base prices rose slightly, aluminum bar processing fees rose steadily. Foshan area aluminum bar processing fee Φ 90 quoted 770-810 average price 790, Φ 120 quoted 750-790 average price 770, Φ 178 quoted 750-790, average price 770; Wuxi aluminum bar processing fee Φ 90 quoted 580620 average price 600, Φ 120 quoted 560-600 average price 580, Φ 178 quoted 560-600, average price 580. Guangdong and Shanghai aluminum prices rose slightly, Foshan processing fees changed little, the focus of quotation is about 800 yuan / ton, part of the high price is close to 900 yuan / ton, automobile distribution source demand is strong, downstream there is still replenishment, good trading; Wuxi processing fees rose slightly, the mainstream price rose to 600 yuan / ton, some high prices close to 700 yuan / ton, but the overall transaction is not much.

(SMM Child Forest 075785511521)