SMM South China Aluminum Spot: Inventory Slightly Exceeded Expectations, Spot Discounts Slightly Expanded Today. On October 9th, the Shanghai Aluminum main contract fell 1.46% on the first trading day after the holiday. Lun Aluminum fell during the holiday, and the inventory of South China Aluminum ingots was obviously accumulated. Under the pressure of shipment, the spot market opened at -20, and then some large buyers bought at -10, but eventually the transaction was mainly at -20, and the spot discount continued to expand. Today, the Guangdong-Shanghai price difference is -310, and the Central Plains price difference is -190. The overall transaction of spot market is general...
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