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May 26th SMM aluminum bar spot daily review: base price continues to rise processing fee adjustment downstream afraid of high limited delivery
May 26,2020 11:52CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, May 26th:

Today, the processing fee of aluminum bar is steadily falling. The average price of aluminum bar processing fee in Foshan area is 720, Φ 120, 670, 530, 510, respectively. The average price of aluminum bar processing fee in Wuxi is 620, 580, 620, 580, 520, 530,570 and 550, respectively, and the average price is 620, 620, 620, 620, 620, 620, 620, 620, 570,570,530,570, 570,570,570,570,570,570,570,570,570,570,570, respectively. The spot base price in Guangdong and Shanghai has risen one after another. The differentiation of processing fees in Foshan has intensified, the price of big sticks has fallen to around 500 yuan / ton, and the price of small sticks has dropped to 700 million yuan / ton. The supply of motor goods has obviously increased and the trading is not good. The processing fees in Wuxi area have not changed much, and the mainstream price range has been maintained at 550 million yuan / ton. There is not much demand for the arrival of goods, and the transaction is limited.

(SMM Tong Lin 0757Mui 85511521)

 

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