SMM Aluminum spot market midday review: Central China spot supply tightens, discount narrows; East China sees moderate increase in discount

SMM News on February 2: The main Shanghai aluminum futures contract rose in early trading today and then fell back. In the East China region, the focus remains on sales from warehouse holders. With the approach of the Spring Festival, demand has weakened, and only necessary stockpiling is the main focus, resulting in moderate trading. According to SMM statistics, the inventory of aluminum ingots in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) today is 105,100 tons, a decrease of 2,100 tons from the previous trading day. The spot price of aluminum ingots has seen a slight increase in discount. Today, the SMM A00 aluminum price has a 20 yuan/ton discount compared to the 2402 contract, down from the previous trading day...