The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
1.7: Aluminum Billet Transactions Use Volume Discount; Processing Fees Generally Reduced [Daily Review of Spot Aluminum Billets]
Jan 07, 2025, at 2:31 pm
Aluminum Billet Spot Market: As downstream sectors gradually enter the holiday or pre-holiday phase, domestic aluminum billet social inventory has seen continuous inventory buildup, and processing fees have generally declined. By region, the South China market experienced sluggish transactions, with the supply-demand pattern shifting to a nominal market, entering a buyer's market first and being forced to focus on volume discounts, quoted at 250/300 yuan/mt, down by 50 yuan/mt. In the Wuxi market, transactions were mediocre, and although suppliers intended to stand firm on quotes, their efforts were limited, quoted at 380/430 yuan/mt, unchanged. In the Nanchang market, transactions weakened, quoted at 440/490 yuan/mt, down by 20 yuan/mt. (Unit: yuan/mt)
SMM January 7 News: On January 7, SMM A00 aluminum closed at 19,640 yuan/mt, up 10 yuan/mt, with a discount of 20 yuan/mt against the January contract, down 20 yuan/mt. The Henan-Shanghai price spread remained at -80 yuan/mt. SMM Central China closed at 19,560 yuan/mt, up 10 yuan/mt. On January 7, SMM A00 aluminum (Foshan) closed at 19,750 yuan/mt, down 10 yuan/mt, with a premium of 90 yuan/mt against the current month, narrowing by 40 yuan/mt (unit: yuan/mt).
Aluminum Billet Spot Market: As downstream sectors gradually enter the holiday or pre-holiday phase, domestic aluminum billet social inventory has seen continuous buildup, and processing fees have generally declined. By region, the South China market experienced sluggish transactions, with the supply-demand pattern shifting to a buyer's market characterized by prices without transactions, forcing suppliers to adopt volume discounts. Quotes were at 250-300 yuan/mt, down 50 yuan/mt. In the Wuxi market, transactions were mediocre, and while suppliers showed willingness to stand firm on quotes, their efforts were limited. Quotes were at 380-430 yuan/mt, unchanged. In the Nanchang market, transactions weakened, with quotes at 440-490 yuan/mt, down 20 yuan/mt (unit: yuan/mt).》Subscribe to View SMM Historical Spot Metal Prices》Click to View the SMM Aluminum Industry Chain Database
