April 21: SHFE aluminum held up well, with market sentiment partially boosting overall moderate transactions [Daily Review of Spot Aluminum Billet]

Apr 21, 2025, at 10:23 am

According to SMM statistics, the inventory of aluminum billets in mainstream domestic consumption areas stood at 196,700 mt on April 21, down 12,500 mt WoW from last Thursday. On Monday, SHFE aluminum strongly broke through the 20,000 yuan/mt mark, putting slight pressure on processing fees, but the intraday rally boosted market sentiment. As demand recovered, processing fees rose slightly compared to yesterday, with overall trading being moderate. Today, the aluminum billet market in Foshan was quoted at 320/370, up 20; the processing fee in Wuxi was quoted at 370/320, up 20; and the processing fee in Nanchang was quoted at 370/320, up 10. (Unit: yuan/mt)

SMM April 21 News: On April 21, SMM A00 aluminum was quoted at 19,910 yuan/mt, up 80 yuan/mt from the previous trading day, with a premium of 5-60 yuan/mt against the May contract, up 10 yuan/mt from the previous trading day. On April 21, SMM A00 aluminum (Foshan) was quoted at 19,870 yuan/mt, up 60 yuan/mt, with a premium of 20 yuan/mt against the current month, narrowing by 15 yuan/mt. (Unit: yuan/mt) According to SMM statistics, on April 21, the inventory of aluminum billets in mainstream domestic consumption areas was 196,700 mt, down 12,500 mt WoW from last Thursday. On Monday, SHFE aluminum strongly broke through the 20,000 yuan/mt mark, with processing fees slightly under pressure, but the market sentiment was boosted by another surge during the session. After demand recovered, processing fees rose slightly compared to yesterday, and overall transactions were moderate. Today, the Foshan aluminum billet market was quoted at 320/370 yuan/mt, up 20 yuan/mt; the Wuxi market processing fee was quoted at 370/320 yuan/mt, up 20 yuan/mt; the Nanchang region processing fee was quoted at 370/320 yuan/mt, up 10 yuan/mt. (Unit: yuan/mt) 》Order to view SMM metal spot historical prices 》Click to view SMM aluminum industry chain database

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April 21: SHFE aluminum held up well, with market sentiment partially boosting overall moderate transactions [Daily Review of Spot Aluminum Billet]

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