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Daily Review of SMM Aluminum Bar spot on July 23rd: processing fee for ample supply of goods in circulation has been reduced slightly.
Jul 23,2020 11:56CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

SMM, July 23:

The average price of aluminum bar processing fee in Foshan is 440, Φ 120 is 440, the average price is 420, Φ 178 is 400 Mel 440, the average price is 420; the processing fee of aluminum bar in Wuxi is 260MUE 300, the average price is 280, Φ 120 is 240 MUE 280, the average price is 260, Φ 178 is 240 Rhine 280, the average price is 260, the average price is 260,178, and the average price is 260, the average price is 260,178, and the average price is 260. Foshan processing fees fell, automobile / bootstrap mainstream quotations in the 400 murals 500 yuan / ton range, some cheap sources of goods less than 400 yuan / ton, brands including hope, Xinfa, industry and trade, Guangzhou Bank, Crescent, Suxi, Kailong, Tianyang, etc.; Wuxi processing fees also fell slightly, the price center of gravity in the 250muri 300 yuan / ton range, hope, Xinfa quotation has been reduced. The base price rose slightly, and most of the initial quotations for processing fees were flat. After the futures price fell, the holder lowered the quotation for shipment, the downstream inquiry purchase was still not much, the supply of goods in circulation was abundant, and there was no significant improvement in transaction after price adjustment.

(SMM Tong Lin 0757Mui 85511521)

 

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