Spot Daily Review of SMM Aluminium bars on May 8, 2020

SMM, 8 May:

The processing fee of aluminum bar has not changed much 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 670-710 average price 690, Φ 120 quoted 620-660 average price 640, Φ 178 quoted 610-650, average price 630. Spot base prices fell in Guangdong and Shanghai, and even more in Guangdong. Foshan area processing fees to maintain stability, the price center of gravity in 650 yuan / ton, self-raised low prices in 600-650 yuan / ton, high steam prices in 700-800 yuan / ton, downstream on-demand procurement, transaction limited; Wuxi processing fees slightly adjusted, the mainstream self-quoted price in the vicinity of 650 yuan / ton, the market just need to close, trading activity is general.

(SMM Child Forest 075785511521)