Aluminum Rod Market Stagnant Amid Festive Season Despite Macroeconomic Boost to Aluminum Prices

게시됨: Sep 27, 2024 15:45
[SMM Analysis: Strong Rise in Aluminum Prices Driven by Macro-resonance Both at Home and Abroad This Week, but Trading in Aluminum Rod Market Remains Sluggish before the Festival] In terms of aluminum rods, the processing fees for aluminum rods remained relatively stable this week. In the middle of the week, the processing fees rose slightly with the correction of aluminum prices. However, due to the poor trading sentiment in the spot market, it was difficult to sustain the processing fees, and the processing fees in some regions fell significantly. At present, the processing fees for aluminum rods in Shandong are mainly sustained, while enterprises and traders in Inner Mongolia and Henan have the demand for cash-in before the festival, pushing down the processing fees to sell, resulting in significant price differences in the market...

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