March 27: Aluminum prices surged by 140, processing fees of aluminum billets in three regions adjusted downward [Daily Review of Spot Aluminum Billets]

Published: Mar 27, 2025 12:15

Save

In terms of aluminum billet inventory, according to SMM statistics, the inventory in major domestic consumption areas stood at 272,000 mt on March 27, down 16,000 mt WoW. Today, SHFE aluminum rebounded above 20,800 yuan/mt. Supply in South China is expected to tighten, limiting the decline in market processing fees. In Nanchang, east China, the center of aluminum prices shifted upward, leading to a noticeable pullback in processing fees. Mid-week, bargain down purchasing prices were still prevalent, with actual transaction feedback being average. Today, the aluminum billet market in Foshan quoted 160/210 yuan/mt, down 10 yuan/mt; the processing fee in Wuxi was quoted at 150/200 yuan/mt; and the processing fee in Nanchang was quoted at 150/200 yuan/mt, unchanged. (Unit: yuan/mt)

SMM March 27 News:

On March 27, SMM A00 aluminum was quoted at 20,810 yuan/mt, up 140 yuan/mt from yesterday, at a discount of 10 yuan/mt to the April contract, flat. On March 27, SMM A00 aluminum (Foshan) was quoted at 20,780 yuan/mt, up 120 yuan/mt, at a discount of 35 yuan/mt to the current month, widening by 15 yuan/mt. (Unit: yuan/mt)

In terms of aluminum billet inventory, according to SMM statistics, on March 27, the inventory of aluminum billets in mainstream consumption areas in China was 272,000 mt, down 16,000 mt WoW. Today, SHFE aluminum returned above 20,800 yuan/mt. The supply of goods in South China is expected to tighten, and the market processing fee fell slightly. In Nanchang, east China, due to the upward shift in the price center of aluminum, the processing fee pulled back significantly. Mid-week, bargain down purchasing prices were still dominant, and actual transaction feedback was average. Today, the Foshan aluminum billet market was quoted at 160/210 yuan/mt, down 10 yuan/mt; the Wuxi market processing fee was quoted at 150/200 yuan/mt; the Nanchang area processing fee was quoted at 150/200 yuan/mt, flat. (Unit: yuan/mt)

》Order to view SMM metal spot historical prices

》Click to view SMM aluminum industry chain database

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 for 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

11 mins ago

Domestic Bauxite Imports Drop 18.9% in August, Year-to-Date Up 10%

According to data from the General Administration of Customs, domestic imports of bauxite ore and concentrates totalled 15.45 million tonnes in August 2026, down 18.9% month-on-month and 15.0% year-on-year. The cumulative import volume for January–August stood at 155.25 million tonnes, up 10.0% year-on-year.

11 mins ago

14 mins ago

Guinea's Bel Air Mining Ordered to Suspend Production Amid Legal Dispute Enforcement【SMM Aluminum Flash News】

According to foreign media reports, Guinea's Bel Air Mining was ordered by the country's judicial authorities to temporarily suspend production on September 17. This action followed the conclusion of legal proceedings regarding a commercial dispute and the subsequent entry into the enforcement phase; some personnel have been affected. SMM will continue to verify the details and monitor developments regarding Guinean bauxite.

14 mins ago

1 hour ago

Loudi NDRC Facilitates Hunan Hongwang's Tanzania Aluminum Project Approval, Aiding Global Expansion

The Loudi Municipal Development and Reform Commission (NDRC) upheld the principle of "proactive service and targeted support," making every effort to ensure the smooth approval of the overseas investment filing for Hunan Hongwang's 120,000 mt aluminum project in Songea, Tanzania, empowering the enterprise to "go global" through professional services. High-level coordination to remove approval bottlenecks. After the project was launched, commission leaders led a team to the provincial NDRC for dedicated coordination, accurately grasping the filing requirements for non-sensitive projects under the Measures for the Administration of Overseas Investment by Enterprises, and efficiently clearing the key provincial-level approval hurdles. Dedicated personnel and positions to ensure compliant documentation. The business department implemented a "full-process agency" mechanism, providing upfront guidance to the enterprise in properly preparing the feasibility study report and the statement of funding sources. The submitted materials were well-structured and well-founded, earning recognition from the provincial NDRC and achieving zero errors in application and full compliance throughout the process. Extended services to facilitate industry synergy. During the service process, the commission also assisted the enterprise in clarifying the policy boundaries of China-Africa capacity cooperation, defining the compliant pathways for technology export and equipment export, and advancing the project from a "single-point investment" toward "industry chain synergy."

1 hour ago