Spot Daily Review of SMM Aluminium bars on April 24, 2020

SMM4, 24th:

The cost of aluminum bar processing has fallen today. Foshan area aluminum bar processing fee Φ 90 quoted 860-900 average price 880, Φ 120 quoted 830-870 average price 850, Φ 178 quoted 830-870, average price 850; Wuxi aluminum bar processing fee Φ 90 quoted 680-720 average price 700, Φ 120 quoted 650-690 average price 670, Φ 178 quoted 640-680, average price 660. Spot base prices in Guangdong and Shanghai vary, Foshan base prices rise by more than 100, processing fees fall under pressure, some transactions in the morning are 850-900 yuan / ton, the source of goods arriving at the end of the week is significantly increased, the market quotation began to decline, low prices to 700 yuan / ton before noon; Wuxi processing fees fell slightly, the mainstream price moved down to 650700 yuan / ton, the holder actively shipped, the transaction is still OK.

(SMM Child Forest 075785511521)