Home / Metal News / SMM aluminum bar spot daily review: the price adjustment effect of the holder is not good, the downstream is afraid of high purchasing is limited.

SMM aluminum bar spot daily review: the price adjustment effect of the holder is not good, the downstream is afraid of high purchasing is limited.

iconJul 15, 2020 11:52
Source:SMM

SMM, July 15:

The processing fee of aluminum bar in Foshan area Φ 90 is 390mur430, the average price is 410, Φ 120 is 370Muth410, the average price is 390, Φ 178 is 370Muth410, the average price is 390; the average price of aluminum bar processing fee in Wuxi area is 280Muth320, the average price is 300, the average price is 260mur300, the average price is 280, Φ 178 is 260,300, and the average price is 280. Foshan processing fees rose slightly, automobile transportation / self-pick-up mainstream quotations rose to the range of 400 won 500 yuan / ton, while Wuxi processing fees fell steadily, with prices at 250 won 350 yuan / ton. With a small correction in the base price, the price-raising effect of the holder is not good, the enthusiasm of receiving goods downstream is still not high, and a small number of traders sell goods at a low price.

(SMM Tong Lin 0757Mui 85511521)

 

Processing fee
daily review
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn