Review of SMM Aluminum Bar Trading Day on April 10, 2020

SMM4, 10 March:

Spot base prices rose sharply, aluminum bar processing fees fell steadily. Foshan area aluminum bar processing fee Φ 90 quoted 750-790 average price 770, Φ 120 quoted 730-770 average price 750, Φ 178 quoted 730-770, average price 750; Wuxi aluminum bar processing fee Φ 90 quoted 580620 average price 600, Φ 120 quoted 560-600 average price 580, Φ 178 quoted 560-600, average price 580. Aluminum prices in Guangdong and Shanghai have increased by more than 100 yuan, processing fees in Foshan have been slightly reduced, the focus of quotation has moved down to 750-800 yuan / ton, the trading of aluminum bars for automobile transportation and distribution has become slightly weaker, the supply of high-priced goods at more than 800 yuan / ton has been reduced, and the low-priced sources of goods have been reduced. Wuxi processing fees are still stable, the mainstream price is still around 600 yuan / ton, the high price is also slightly reduced, and it is just necessary to close the deal.

(SMM Child Forest 075785511521)