Spot Daily Review of SMM Aluminium bars on April 29, 2020

SMM, 29 April:

The processing fee for aluminum bars is slightly adjusted today. Foshan area aluminum bar processing fee Φ 90 quoted 700-740 average price 720, Φ 120 quoted 680-720 average price 700, Φ 178 quoted 670-710, average price 690; Wuxi aluminum bar processing fee Φ 90 quoted 680-720 average price 700, Φ 120 quoted 640-680 average price 660, Φ 178 quoted 620660, average price 640. The spot base price in Guangdong and Shanghai rose about 200 yuan, Foshan processing fees remained stable, the price center of gravity remained near 700 yuan, the automobile quoted price was 750-800 yuan / ton, and a small amount of stock was still available before the festival. Wuxi processing fees fell slightly, the mainstream quotation remained at 650-700 yuan / ton, some of the low prices were close to 600 yuan / ton, and the downstream replenishment was limited.

(SMM Child Forest 075785511521)