Aluminum prices fell below 19,000 yuan/ton, holders increased processing fees for shipments amid moderate market transactions [Daily Review of Spot Aluminum Billets]

Today, the price of SMM A00 aluminum fell by 90 yuan/ton to 18,940 yuan/ton, and Foshan A00 aluminum reported 18,940 yuan/ton, down 80 yuan/ton. Today, aluminum prices fell below 19,000 yuan/ton. The holder increased the processing fee for aluminum billets shipments amid moderate transactions.

Near noon, the transaction price of Φ120Φ178 aluminum billets processing fee in south China was concentrated around 300 yuan/ton, and the processing fee of Φ90 billets was 360 yuan/ton, an increase of 40 yuan/ton compared with the previous working day. In the east China market, the market transactions in Wuxi were average. Near noon, the processing fee for Φ120 aluminum billets was 320 yuan/ton, and the processing fee for Φ90 small billets was 400 yuan/ton, an increase of 100 yuan/ton compared with the previous working day. Shipment transactions in Nanchang improved slightly, with processing fees for Φ120 billets quoted at 250 yuan/ton and Φ90 billets at 320 yuan/ton. The average processing fee in Linyi, Shandong Province this week increased by 30 yuan/ton WoW, and the average weekly price of Φ120 aluminum billets was around 340 yuan/ton.