SMM aluminum bar spot daily review: arrival increases aluminum price strong processing fee continues to fall under pressure

SMM, July 2:

The average price of aluminum bar processing fee in Foshan area is Φ 90, 380, 420, 400, 360, 400, 380, 390, 370, 390, 370, 390, 370, 390, 370, 390, 340, 340, 360, 340, 360, 340, 360, 360, 360, 340, 340, 360, 360, 360, 340, 360, 360, 340, 360, 360, 360, 340, 360, 360, 360, 340, 360, 360, 340, 3 Foshan area processing fees fell, the mainstream automobile transportation / self-quoted price range of 400 won 500 yuan / ton, part of the low-price supply is about 350 won 400 yuan / ton; the arrival of aluminum rods in Wuxi increased, and the processing fee range fell to 300 million 400 yuan / ton. Today, the base price of aluminum ingots in Guangdong and Shanghai continues to rise, lower reaches still wait and see less mining, trading is not good, inventory increases aluminum prices are strong, processing fees still have room to fall.

(SMM Tong Lin 0757Mui 85511521)