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May 29th SMM aluminum bar spot daily review: receiving limited demand poor processing fee to continue to explore

iconMay 29, 2020 11:52
Source:SMM

SMM, May 29th:

Spot base prices in Guangdong and Shanghai rose and fell slightly, and aluminum bar processing fees continued to decline. The average price of aluminum bar processing fee in Foshan is 620, Φ 120, 580, 520, 620, 600, 350, 390, 370, 530, 570, 500, 480, 520, 450, 490, 450, 470, 570, 500, 450, 490, 470, 450, 490, 470, 570, 500, 450, 490, 470, 450, 490, 470, 570, 500, 450, 490, 470, 520, 520, 520, 450, 490, 470, 450, 490 and 470, respectively. Foshan regional processing fees fell slightly, the big stick price 350tel 400 yuan / ton, the small stick quotation center of gravity fell to 600 yuan / ton, the automobile price continues to decline, downstream slightly purchases, the transaction is general; Wuxi area processing fee dropped slightly, the price center of gravity fell to 450ft 550 yuan / ton, the big stick price continued to explore, the small stick price fell to around 500 yuan / ton, just the need was limited, the delivery was not good.

(SMM Tong Lin 0757Mui 85511521)

 

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