Spot Daily Review of SMM Aluminium bars on April 17, 2020

SMM4, 17 March:

Spot base price upward, aluminum bar processing fees do not fall but rise. Foshan area aluminum bar processing fee Φ 90 quoted 650-690 average price 670, Φ 120 quoted 630-670 average price 650, Φ 178 quoted 630-670, average price 650; Wuxi aluminum bar processing fee Φ 90 quoted 590630 average price 610, Φ 120 quoted 560600 average price 580, Φ 178 quoted 560-600, average price 580. Guangdong and Shanghai aluminum prices increased by more than 100 yuan, Foshan processing fees rose slightly, self-quoted quotation in 620-670 yuan / ton, automobile quotation in 670-720 yuan / ton, the purchaser actively inquired for replenishment, active trading; Wuxi processing fees rose slightly, the price center of gravity in 600 yuan / ton, some traders are bullish quotation on the high side, transactions can be done.

(SMM Child Forest 075785511521)