On April 7, the SMM A00 aluminum price was reported at 19,930 yuan/mt, down 630 yuan/mt from the previous trading day, with a premium of 50 yuan/mt against the 04 contract, up 40 yuan/mt from the previous trading day. On April 7, the SMM A00 aluminum price (Foshan) was reported at 19,850 yuan/mt, down 650 yuan/mt, with a discount of 30 yuan/mt against the current month, narrowing by 15 yuan/mt. (Unit: yuan/mt) According to SMM statistics, on April 7, the aluminum billet inventory in mainstream domestic consumption areas was 248,000 mt, an increase of 3,500 mt WoW from last Thursday. After the holiday, SHFE aluminum prices plummeted, and processing fees surged significantly in the morning session. After a rebound during the session, the market showed slight divergence, with both buyers rushing to buy amid continuous price rises and those driving down prices, resulting in moderate overall trading. Today, the Foshan aluminum billet market was quoted at 440/490 yuan/mt, up 210 yuan/mt; the Wuxi market processing fees were quoted at 500/520 yuan/mt, up 150/140 yuan/mt; and the Nanchang region processing fees were quoted at 450/500 yuan/mt, up 170 yuan/mt. (Unit: yuan/mt)