【SMM South China Aluminum Spot: Weekend Northwest supply flows into South China, narrowing the premium. Tight circulation near the end of the month strengthens transactions】Nov 24th: Shanghai aluminum prices slightly rose today, with market sentiment remaining relatively weak. In the latter half of the week, South China saw consecutive two days of destocking. However, with the expected arrival of Northwest supply near the weekend, holding vendors showed stronger willingness to sell. Market prices were around -20 to the average, circulation gradually tightened, and downstream actively purchased the current month's ticket sources to supplement their input before the month-end settlement. Traders also entered the market to receive long orders at the end of the month, concluding transactions mainly at -10. With the improvement in demand, overall transactions strengthened...
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