January 4, 2025—
This week, aluminum rod processing fees across various regions in China trended downward, with the off-season atmosphere in downstream sectors becoming increasingly evident and market supply relatively ample. On the demand side, shipments from downstream aluminum wire and cable enterprises showed initial signs of weakness, and procurement faced significant resistance. Due to planned production schedules for subsequent orders, raw material and finished product inventories remained at low levels, and enterprises did not intend to increase inventories before the Chinese New Year.
As of Friday, the SMM A00 spot price stood at 19,850 yuan/mt, up 120 yuan/mt WoW. The average ex-factory processing fee for 1A60 ordinary aluminum rods in Shandong was recorded at 350 yuan/mt, down 50 yuan/mt. In Henan, the processing fee for 1A60 aluminum rods was also reported at 350 yuan/mt, down 50 yuan/mt. In Inner Mongolia, the ex-factory processing fee for 1A60 aluminum rods was 250 yuan/mt, down 50 yuan/mt. The average delivery-to-factory processing fee for ordinary rods in South China was 500 yuan/mt, while the average delivery-to-factory processing fee for 1A60 aluminum rods in Hebei and Jiangsu was 400 yuan/mt and 500 yuan/mt, respectively. ……
This week, aluminum rod processing fees across various regions in China trended downward, with the off-season atmosphere in downstream sectors becoming increasingly evident and market supply relatively ample. On the demand side, shipments from downstream aluminum wire and cable enterprises showed initial signs of weakness, and procurement faced significant resistance. Due to planned production schedules for subsequent orders, raw material and finished product inventories remained at low levels, and enterprises did not intend to increase inventories before the Chinese New Year.
As of Friday, the SMM A00 spot price stood at 19,850 yuan/mt, up 120 yuan/mt WoW. The average ex-factory processing fee for 1A60 ordinary aluminum rods in Shandong was recorded at 350 yuan/mt, down 50 yuan/mt. In Henan, the processing fee for 1A60 aluminum rods was also reported at 350 yuan/mt, down 50 yuan/mt. In Inner Mongolia, the ex-factory processing fee for 1A60 aluminum rods was 250 yuan/mt, down 50 yuan/mt. The average delivery-to-factory processing fee for ordinary rods in South China was 500 yuan/mt, while the average delivery-to-factory processing fee for 1A60 aluminum rods in Hebei and Jiangsu was 400 yuan/mt and 500 yuan/mt, respectively. ……
