【SMM South China Aluminum Spot: Aluminum prices soar, inventory hits new low this year, South China aluminum ingot spot premiums are high and difficult to follow】December 14th news: Shanghai aluminum night trading was relatively strong, with a sharp rise after the opening, regaining the 20-day moving average. This week, inventory in South China has decreased rapidly, reaching a new low for the year, reflecting strong consumption resilience. The circulation of goods is still relatively tight, but spot prices are lagging behind. Merchants are actively selling off their holdings at higher prices to realize profits, making it difficult for the market to support higher prices. The main trend is to lower prices for shipment, with prices decreasing from +10+20 in the morning to below the average, and reaching as low as -20. Pressure on rigid demand purchases is not significant, and overall transactions are still reasonable.....
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