July 21 SMM aluminum bar spot daily review: abundant supply aluminum price callback processing fee is mainly stable

Published: Jul 21, 2020 11:45

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SMM, July 21:

The average price of aluminum bar processing fee in Foshan is 470, Φ 120, 420, 440, 440, 420, 460, 440, 420, 460, 440, 440, 420, 460, 440, 440, 420, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 440, 470, 470, 470, 440, 440, 440, 440, 470, 470, 470, 420, 440, 440 Guangdong base price fell more than 100, but Foshan processing fees to maintain stability, automobile / pick up the mainstream quotation in the range of 400mur500 yuan / ton, part of the automobile transportation in 500mur550 yuan / ton, hope, Kailong and other prices are slightly lower, industry and trade, Guangzhou Bank and other prices are on the high side; Wuxi aluminum rod prices are flat, the price center of gravity is slightly less than 300 yuan / ton, but the actual transaction is slightly floating. Spot aluminum prices have a pullback, processing fees are mainly stable, holders are willing to raise prices strongly, market shipments are the main, the supply of goods in circulation is abundant, downstream on-demand procurement, the overall transaction is not good.

(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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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