Today, the price of SMM A00 aluminum fell by 80 yuan/mt to 19,010 yuan/mt, and Foshan A00 aluminum reported at 19,000 yuan/mt, down 120 yuan/mt. Aluminum ingots and aluminum billets entered the inventory accumulation period before CNY holidays. The price center of aluminum fell, coupled with sluggish demand, weakening the transactions. Near noon, the transaction price of Φ120Φ178 aluminum billets processing fee in south China was around 60 yuan/mt, and the processing fee of Φ90 billets was 110 yuan/mt, unchanged from the previous trading day.
In east China, the market transactions in Wuxi were relatively poor. Near noon, the transaction price of Φ120 aluminum billets processing fee was 140 yuan/mt, and the transaction price of Φ90 small billets processing fee was 240 yuan/mt, which was the same as the previous working day. The market turnover in Nanchang was thin, with processing fees of 150 yuan/mt for Φ120 billets and 190 yuan/mt for Φ90 billets. The average price of processing fees in Linyi, Shandong this week was flat WoW, and the average weekly price of Φ120 aluminum billets was around 290 yuan/mt.
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