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SMM aluminum bar spot daily review on July 3: the decline in processing fees is difficult to change the price adjustment of the holder before the transaction can be completed.
Jul 3,2020 11:56CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 3:

The average price of aluminum bars in Foshan is 380, Φ 120, 340, 360, 360, 178, 320, 360, 340, 380, 380, 380, 380, 380, 380, 380, 380, 380, 380, 350,178 and 340,340, 380, 380, 350,178 and 340,380, 380, 350,178 and 340,340, respectively, the average price is 350,380, 350,178 and 340 respectively, and the average price is 380, 380, 370,350,178 and 340 respectively. The processing fee in Foshan area continued to fall, and the mainstream quotation range of automobile transportation / self-withdrawing was 430 yuan / ton, while the processing fee in Wuxi area was maintained in the range of 400 yuan / ton. Aluminum prices have fallen steadily, the enthusiasm of receiving goods downstream on Friday is still not high, there are some transactions after the price adjustment by the holder, and it is expected that the decline in processing fees will be difficult to change next week.

(SMM Tong Lin 0757Mui 85511521)

 

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