Spot Daily Review of SMM Aluminium bars on April 23, 2020

SMM4, 23 March:

Aluminum bar processing fees continue to rise today. Foshan area aluminum bar processing fee Φ 90 quoted 980-1020 average price 1000, Φ 120 quoted 960-1000 average price 980, Φ 178 quoted 960-1000, average price 980; Wuxi aluminum bar processing fee Φ 90 quoted 700-740 average price 720, Φ 120 quoted 680-720 average price 700, Φ 178 quoted 660-700, average price 680. Guangdong and Shanghai base prices rose sharply, Foshan processing fees rose slightly, high prices in 1100-1200 yuan / ton, shipping significantly increased, but the market acceptance is not high, the actual transaction price in the vicinity of 1000 yuan / ton, Foshan and other areas of the processing fees opened, there is a transshipment profit space, steam transport aluminum bars significantly increased; Wuxi processing fees increased slightly, the mainstream quotation rose to 700 yuan / ton, the demand is relatively stable, trading is general.

(SMM Child Forest 075785511521)