Today, the price of SMM A00 aluminum fell by 150 yuan/mt compared with the previous working day, and was reported at 18,670 yuan/mt. Foshan A00 aluminum price was reported at 18,790 yuan/mt, down by 50 yuan/mt compared with the previous working day. Aluminum prices continued to fall after the holiday, and aluminum billets processing fees in various regions showed mixed performance. However, downstream work has just resumed, and the overall wait-and-see sentiment is strong amid sluggish market transactions. Near noon, the transaction price of Φ120Φ178 aluminum billets processing fee in south China was around 200 yuan/mt, and the processing fee of Φ90 billets was 270 yuan/mt, down 10 yuan/mt compared with the previous working day.
In east China market, the market transactions in Wuxi were weak. Near noon, the processing fee for Φ120 aluminum billets was 350 yuan/mt, and the processing fee for Φ90 small billets was 450 yuan/mt, up 100 yuan/mt compared with the previous working day. The market transactions in Nanchang was subdued, with the processing fee for Φ120 billets quoted at 320 yuan/mt and the processing fee for Φ90 billets at 370 yuan/mt. The average processing fee in Linyi, Shandong this week increased by 40 yuan/mt, and the average weekly price of Φ120 aluminum billets was around 330 yuan/mt.
