SMM aluminum bar spot daily review: processing fees rebounded slightly and transactions improved

SMM, July 17:

The average price of aluminum rod processing fee in Foshan is 450,450,450,430,450,430,450,450,450,430,430,450,450,430,430,430,450,450,430,430,430,430,430,430,430,450,450,430,430,450,450,450,430,430,450,450,450,450,450,450,450,450,450,450,450,450 The processing fee in Foshan area has been raised, the mainstream quotation of automobile transportation / bootstrap is in the range of 400 won / 500 yuan / ton, the prices such as Hope and Jinxing are slightly lower, while the prices of Innovation and Guangzhou Bank are on the high side; the price of aluminum bar in Wuxi area does not change much, and the center of gravity of processing fee is slightly less than 300 yuan / ton. Aluminum prices continued to fall, holders generally raised their quotations, and downstream delivery increased on Friday. After the base price fell, there was a slight increase in the number of people buying aluminum bars at the bottom of the market, and trading volume was also better than in the previous two trading days.

(SMM Tong Lin 0757Mui 85511521)