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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.
Jul 15,2020 11:52CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

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)

 

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