[SMM South China Aluminum spot: Month spread expansion, water up pressure, active trading in South China aluminum ingot spot today] News on December 11th: Shanghai aluminum opened high and walked low in the night session, rebounding after a morning dive. Over the weekend, South China aluminum ingots were quickly destocked, but due to the expansion of the month spread, the premium for the next month is still relatively high. In the morning, holders actively sold at the average price line, but due to tight circulating supply, traders' willingness to receive goods increased, and market prices slightly increased to +10. Downstream demand for restocking increased, and overall trading was relatively strong...
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