Post-Holiday Aluminum Inventories Drop, Spot Prices Soar Amid High Volatility and Positive Sentiment

Published: Sep 18, 2024 14:21

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[SMM Aluminum Spot Afternoon Commentary: Post-holiday Aluminum Spot Inventories Decline, Spot Prices Rise from Current Month to Delivery Month as Delivery Date Approaches]

On the first day after the holiday, domestic aluminum social inventories continued to decline. Coupled with the positive macroeconomic sentiment both domestically and internationally, today's Shanghai aluminum prices maintained a high level of volatility, with transactions in the East China spot market...

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