【SMM South China Aluminum Spot: Shanghai Aluminum bears pressure with double support from destocking, today's South China spot transactions still difficult to push prices】November 23rd: Shanghai Aluminum night trading hit a low, with a small rebound in early trading, the market sentiment is still weak. South China turned to destocking today, but the circulating supply is still relatively high. Holders attempted to support prices in the face of falling prices and destocking, but the response to higher prices was flat. Market prices ranged from -10 to -30, and after continuous decline, buyers showed an increased interest in purchasing low-priced goods, ultimately resulting in a main transaction at -20, with overall transactions still acceptable...
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