Daily Review of SMM Aluminum Bar spot on July 23rd: processing fee for ample supply of goods in circulation has been reduced slightly.

Published: Jul 23, 2020 11:56

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)

 

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
11 hours ago
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Read More
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action
[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.
11 hours ago
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
11 hours ago
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
Read More
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
SHFE Cast Aluminum Alloy Warrants Down by 121 mt on April 8
[SMM Update] SHFE data showed that on April 8, the total registered cast aluminum alloy warrants stood at 31,062 mt, a decrease of 121 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,912 mt (unchanged), Guangdong 12,358 mt (unchanged), Jiangsu 3,541 mt (down 61 mt), Zhejiang 8,411 mt (down 60 mt), Chongqing 3,634 mt (unchanged), and Sichuan 1,206 mt (unchanged).
11 hours ago
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
12 hours ago
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
Read More
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
Auto Parts Imports Drop 5.4% YoY to $1.47B in Feb, CAAM Reports
[CAAM: Import Value of Auto Parts Reached $1.47 Billion in February, Down 5.4% YoY] According to data from the General Administration of Customs compiled by CAAM, in February 2026, the import value of auto parts reached $1.47 billion, down 20.8% MoM and 5.4% YoY. From January to February 2026, the import value of auto parts was $3.32 billion, up 7.1% YoY.
12 hours ago