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SMM aluminum bar spot daily review: base price is adjusted sharply, demand is not good, and the increase in processing fee is limited.
Jul 14,2020 11:46CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 14:

The average price of aluminum bar processing fee in Foshan area is Φ 90 at 380Mel 420, the average price is 400, Φ 120 is at 360ly400, the average price is 380, Φ 178 is 360Mel 400, the average price is 380; the processing fee for aluminum bar in Wuxi area is Φ 90 at 280Lue 320, the average price is 300, Φ 120 is at 260ly300, the average price is 280, Φ 178 is at 260rel 300, and the average price is 280. The processing fee in Foshan area has risen slightly, and the mainstream quotation of automobile transportation / bootstrap has been raised to the range of 400 won 450 yuan / ton, with some low prices below 400 yuan / ton. The processing fee in Wuxi area has remained stable, and the price center of gravity is around 300 yuan / ton. Aluminum prices have fallen sharply, the holder has slightly raised the price, the downstream is still afraid of high mining, aluminum rod processing fees are facing a downturn in the off-season.

(SMM Tong Lin 0757Mui 85511521)

 

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