Spot Daily Review of SMM Aluminium bars on April 27, 2020

SMM, 27 April:

Aluminum bar processing fees vary today. Foshan area aluminum bar processing fee Φ 90 quoted 660-700 average price 680, Φ 120 quoted 640-680 average price 660, Φ 178 quoted 620-660, average price 640; Wuxi aluminum bar processing fee Φ 90 quoted 690-730 average price 710, Φ 120 quoted 660-700 average price 680, Φ 178 quoted 650-690, average price 670. The spot base price of Guangdong and Shanghai rose, the processing fee in Foshan area fell sharply by 200 yuan, the price center of gravity dropped to 700 yuan / ton, the supply of automobile distribution increased, the quotation varied from 650 yuan to 750 yuan / ton, and the transaction was OK. Wuxi processing fees rose slightly, the new round of long single quotation increased, the mainstream price remained at 650-700 yuan / ton, high price source trading in general.

(SMM Child Forest 075785511521)