Spot Daily Review of SMM Aluminium bars on April 22, 2020

SMM4, 22nd:

Aluminum bar processing fees are rising steadily today. Foshan area aluminum bar processing fee Φ 90 quoted 960-1000 average price 980, Φ 120 quoted 940-980 average price 960, Φ 178 quoted 940-980, average price 960; Wuxi aluminum bar processing fee Φ 90 quoted 680-720 average price 700, Φ 120 quoted 640-680 average price 660, Φ 178 quoted 620-660, average price 640. Guangdong and Shanghai base prices to maintain stability, Foshan processing fees rose by more than 200 yuan, earlier quoted in 800-900 yuan / ton, was swept in a short time, the follow-up quotation climbed sharply to 1000 yuan / ton, the demand is exuberant to receive a large number of goods, thousands of yuan processing fees can still be traded; Wuxi processing fees change little, the mainstream quotation is 600-700 yuan / ton, just need to purchase, the overall transaction is weak.

(SMM Child Forest 075785511521)