Review of SMM Aluminum Bar Trading Day on April 14, 2020

SMM4, 14 March:

Spot base prices continued to rise, while aluminum bar processing fees varied. Foshan area aluminum bar processing fee Φ 90 quoted 720-760 average price 740, Φ 120 quoted 700-740 average price 720, Φ 178 quoted 700-740, average price 720; Wuxi aluminum bar processing fee Φ 90 quoted 600-640 average price 620, Φ 120 quoted 580-620 average price 600, Φ 178 quoted 580-620, average price 620. The price of aluminum in Guangdong and Shanghai rose slightly, the processing fee in Foshan area decreased, the self-quoted price dropped to 700-750 yuan / ton, and the automobile quotation dropped to 740-770 yuan / ton. Wuxi processing fee rose slightly, the mainstream price is still around 600 yuan / ton, the overall transaction is general.

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