Daily Review of SMM Aluminium Bar spot on July 20th: the base price rebounded over 100 yuan and the processing fee rose steadily.

SMM, July 20:

The average price of aluminum bar processing fee in Foshan is 470, Φ 120, 420, 440, 440, 420, 460, 440, 420, 460, 440, 440, 420, 460, 440, 440, 420, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 470, 470, 470, 440, 440, 440, 440, 470, 470, 470, 420, 440, 440 Foshan processing fees rose slightly, automobile / bootstrap mainstream quotations are maintained in the range of 400 murals 500 yuan / ton, a small number of high automobile prices more than 500 yuan / ton, hope, Shuntai prices are slightly lower, industry and trade, Guangzhou Bank and other prices are on the high side; Wuxi aluminum bar prices do not change much, the price center of gravity is still around 300 yuan / ton, there are some low-price sources. The base price rebounded more than 100 yuan, the processing fee did not fall under pressure, the price of the holder rose steadily, the shipping enthusiasm was good, the follow-up price was slightly adjusted, and the overall trading was OK.

(SMM Tong Lin 0757Mui 85511521)