Aluminum prices fell slightly, processing fees remained stable, and downstream buyers lacked willingness to purchase [Daily Review of Aluminum Billets]

Today, the price of SMM A00 aluminum fell by 20 yuan/ton compared with the previous working day, and was reported at 18,810 yuan/ton. Foshan A00 aluminum price was reported at 18,830 yuan/ton, which was down by 40 yuan/ton compared with the previous working day. Today, the aluminum prices dropped slightly and aluminum billets processing fees remained stable. Purchasing willingness was insufficient amid muted market transactions.

Near noon, transaction price of Φ120Φ178 aluminum billets processing fee in south China was around 260 yuan/ton, and the processing fee of Φ90 billets was 330 yuan/ton, an increase of 10 yuan/ton compared with the previous working day. In east China market, the market transactions in Wuxi were average. Near noon, the processing fee for Φ120 aluminum billets was 320 yuan/ton, and the processing fee for Φ90 small billets was 380 yuan/ton, which was the same as the previous working day. Shipment transactions in Nanchang are moderate, with processing fees of 270 yuan/ton for Φ120 billets and 350 yuan/ton for Φ90 billets. The average processing fee in Linyi, Shandong Province this week fell by 20 yuan/ton compared with last week, and the average weekly price of Φ120 aluminum billets was around 310 yuan/ton.