Spot Daily Review of SMM Aluminium bars on April 15, 2020

SMM4, 15 March:

Spot base price increases expanded, aluminum bar processing fees under pressure to fall. Foshan area aluminum bar processing fee Φ 90 quoted 680-720 average price 700, Φ 120 quoted 660-700 average price 680, Φ 178 quoted 660-700, average price 680; Wuxi aluminum bar processing fee Φ 90 quoted 590630 average price 610, Φ 120 quoted 570-610 average price 590, Φ 178 quoted 570-610, average price 590. The aluminum price in Guangdong and Shanghai rose more than 100 yuan, the processing fee in Foshan area fell, the self-quoted price dropped to 650-700 yuan / ton, and the automobile quotation dropped to 700-750 yuan / ton. Wuxi processing fee fell slightly, the mainstream price range of 550-650 yuan / ton, purchasing and receiving the goods.

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