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

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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)

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