July 22nd SMM aluminum bar spot daily review: base price rise processing fee adjustment space is limited

Published: Jul 22, 2020 11:43

SMM, July 22nd:

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 Foshan processing fees are flat, the mainstream quotation of automobile transportation / bootstrap is in the range of 400 murals and 500 yuan / ton, some of the high prices of automobile transportation are in 500 murals of 550 yuan / ton, and the prices of hope and Kailong are slightly lower, while the prices of industry and trade and Guangzhou Bank are on the high side; the processing fees in Wuxi area are stable, and the quotation is concentrated in the range of 260,320 yuan / ton, hoping that the price of Xinfa will be adjusted. The spot base price has risen by more than 100 yuan, the processing fee still does not change much, the holding price space is limited, the downstream has a little replenishment to the low-price supply, the overall market supply is abundant, the small stick is OK, the big stick is general.

(SMM Tong Lin 0757Mui 85511521)

 

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July 22nd SMM aluminum bar spot daily review: base price rise processing fee adjustment space is limited - Shanghai Metals Market (SMM)