February 25: SHFE aluminum continued to decline, processing fees rose significantly, and transactions rebounded [Daily Review of Spot Aluminum Billets]
- feb 25, 2025, at 4:33 am
Domestic aluminum billet inventory: aluminum billet inventory in Guangdong stood at 157,500 mt, while Wuxi's aluminum billet inventory was 72,700 mt, with a total decrease of 3,500 mt. SHFE aluminum prices plunged again today due to external news, and aluminum prices continued to retreat. Processing fees for aluminum billets rose significantly. Although downstream sentiment remained bearish, leading to limited acceptance, restocking demand amid the slight stabilization of futures prices rebounded, and transaction performance improved compared to yesterday.
