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SMM aluminum bar spot daily review: the base price continues to rise, the processing fee continues to fall, and the downstream stock preparation enthusiasm is not high.
Jul 10,2020 12:02CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 10:

The average price of aluminum bar processing fee in Foshan is 440, Φ 120 is 440, the average price is 420, Φ 178 is 400 Muth440, the average price is 420; the average price of aluminum bar processing fee in Wuxi is 310, Φ 120 is 260mur300, the average price is 280, the average price is 420, and the average price is 420. Foshan processing fees fell slightly, automobile transportation / self-pick-up mainstream quotations were maintained in the range of 400 murals and 500 yuan / ton, and traders adjusted prices slightly; affected by the sharp rise in spot base prices in East China, processing fees in Wuxi fell sharply, and the price center of gravity fell below 300 yuan / ton. Aluminum prices continue to rise, downstream stock enthusiasm is not high, the market just needs to be traded.

(SMM Tong Lin 0757Mui 85511521)

 

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