【SMM South China Aluminum Spot: Shanghai Aluminum Strong Not Reduced Month Difference Stable, Cumulative Inventory Expected Lower South China Aluminum Ingot Spot Watermark Spread】August 31 News: Shanghai Aluminum Night Market opened sharply higher and rose strongly, after the opening of the main contract rose 1.01% today, South China Aluminum Ingot continued to accumulate inventory, month difference stable, spot performance weak, under the expectation of depression, holders compete to ship out, early morning -50-60 transactions after further adjustment to -70-80, spot watermark spread significantly, receivers fear high and less purchase, trading sentiment cold, today Guangdong-Shanghai price difference -170, narrowed 10 yuan, to Central Plains price difference +50, spread 60 yuan, later transactions slightly improved, but spot overall transactions weak....
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