[SMM Flash News] Buying interest was subdued in central China on June 12

SMM, June 12:

Aluminum futures rebounded and trended higher today. Although it was the pre-weekend stockpiling period, downstream processing enterprises in central China had already accumulated sufficient inventory earlier, leaving buying interest weak. Meanwhile, suppliers tended to sell aggressively before discounts widened further, triggering a downward price collapse, and overall trading sentiment cooled from the previous two days. Ultimately, actual transaction prices in central China were in the range of a discount of 130-160 yuan/mt against the SHFE aluminum July contract. In central China today, the selling sentiment index was 2.91, up 0.01 MoM; the purchasing sentiment index was 2.21, down 0.01 MoM.