"Aluminum Bar Spot Daily Report: Base Price Weakens Again, Downstream Bearish Sentiment Hinders Aluminum Bar Processing Fees
SMM Nov 23 news: Today, SMM A00 aluminum price fell by 70 yuan/ton compared to the previous working day, to 18810 yuan/ton, while Foshan A00 aluminum fell by 90 yuan/ton to 18900 yuan/ton. Today, the base price of aluminum weakened again, and aluminum bar processing fees tried to rise, but the weak downstream demand and strong bearish sentiment hindered the support for processing fees, resulting in a overall unfavorable market situation in the Foshan area..."
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