Foshan Aluminum: On March 29, Nanchu offered Foshan aluminum ingots at 18680-18740 RNB, with an average price of 18710 RNB, which was flat, up 75% from the current month. Today, the aluminum price remained stable and adjusted. With the support of continuous inventory removal, in the early morning, there were many high prices among cargo holders, and many traders had access. However, traders did not have the willingness to further market making and began to lower prices. High price downstream demand also lacked sufficient follow-up. The quotation was adjusted from+10 to an average price with individual discounts, and the transaction gradually weakened. In the later period, the price fluctuates, and the holder follows the price adjustment. The quotation is between - 10 and+40. The buyer is afraid of high prices, and it is difficult to find a deal. Spot transaction prices are concentrated at 18700-18750 RNB, a 10 to 40 RNB increase compared to the average price of Nanchu Foshan.
