Spot Daily Review of SMM Aluminium bars on April 30, 2020

SMM, 30 April:

The processing fee for aluminum bars has not changed much today. Foshan area aluminum bar processing fee Φ 90 quoted 700-740 average price 720, Φ 120 quoted 680-720 average price 700, Φ 178 quoted 670-710, average price 690; Wuxi aluminum bar processing fee Φ 90 quoted 680-720 average price 700, Φ 120 quoted 640-680 average price 660, Φ 178 quoted 620660, average price 640. Guangdong and Shanghai spot base prices rise and fall slightly, Foshan processing fees to maintain stability, the price center of gravity to maintain around 700 yuan, automobile quotation in 700-800 yuan / ton, the last trading day before the festival stock significantly reduced, transaction light; Wuxi processing fees are flat, high prices around 700 yuan / ton, long single implementation of the main, downstream procurement is not much, trading in general.

(SMM Child Forest 075785511521)