[Aluminum Bar Daily Report: Aluminum bars significantly reduced inventory driving up aluminum base price, processing fees down, market bearish with weak transactions]

SMM, April 22nd: Today, the SMM A00 aluminum price rose by 350 yuan/ton compared to the previous working day, reaching 20,690 yuan/ton. The Foshan A00 aluminum price was at 20,650 yuan/ton, up by 340 yuan/ton compared to the previous working day. Today, the aluminum base price significantly increased, with traders lowering processing fees in hopes of stimulating shipments. However, the market sentiment is bearish, combined with the influence of high aluminum prices, resulting in weak transactions. In the Foshan region...