SMM South China Aluminum Spot: Fundamentals Steady Shanghai Aluminum Slightly Up, South China Aluminum Ingot Spot Today Slightly Discounted. On August 4th, Shanghai Aluminum night market slightly up, opened high and then dropped, the main contract rose 0.41%, South China Aluminum Ingot inventory steady, near the weekend just-in-time procurement, early traders pushed up prices and shipped out, average price +10, later sellers liquidated actively to hedge risks, transactions dropped to -5-10, spot from yesterday's slight increase to slight discount, today Guangdong-Shanghai price difference 30, narrowed 20 yuan, to Central Plains price difference 90 yuan, spot overall transactions not too hot or too cold.
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