SMM aluminum bar spot daily review: processing fees rebound strongly with the period aluminum price adjustment transaction

Telah Terbit: Jul 08, 2020 12:02 (GMT+8)

SMM, July 8:

The average price of aluminum bar processing fee in Foshan is 480, Φ 120, 440, 460, 420, 440, 440, 480, 480, 440, 460, 420, 440, 440, 440, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 480, 440, 480, 440, 480, 480, 420, 480, 420, 480, 420, 480, 420, 480, 420, 480, 420, 420 The processing fee in Foshan area has risen sharply, and the initial quotation of automobile transportation / self-service has been raised by 50 won 100 yuan / ton after the futures surge, with the mainstream price at 400 won 500 yuan / ton. The processing fee in Wuxi area has also risen, and the mainstream quotation range has moved up to 350 Mutual 450 yuan / ton, with a small increase. Aluminum futures rebounded strongly, the processing fee quotation of the holder was raised along the way, and part of the transaction was completed.

(SMM Tong Lin 0757Mui 85511521)

 

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