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Home / Metal News / Aluminum Billet Processing Fees Plunge in Guangdong, SMM Says  

Aluminum Billet Processing Fees Plunge in Guangdong, SMM Says  

iconAug 10, 2017 15:37
Source:SMM
Aluminum billet processing fees have been falling dramatically in Guangdong recently and are even offered flat with or lower than aluminum ingot prices, SMM learned. 

SHANGHAI, Aug. 10 (SMM) –Aluminum billet processing fees have been falling dramatically in Guangdong recently and are even offered flat with or lower than aluminum ingot prices, SMM learned. 

SMM Analysis: How Will Surging Aluminum Prices Affect Downstream Producers?

SMM attributes the situation to three factors. 

Chalco Warns of Uncertainties in China Aluminum Market

First, SHFE aluminum surged of late. Current high aluminum prices are unacceptable to aluminum billet buyers. Second, aluminum billet stocks at public and private warehouses in Guangdong may have exceeded 200,000 tonnes, according to incomplete statistics. Third, orders fall sharply at local aluminum extrusion producers in the off-season, hurting aluminum billet demand.    

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Aluminum billet processing fees

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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