【SMM South China Aluminum Spot: Aluminum price continues to rise, profits inventory being realized one after another; Friday's South China aluminum ingot spot premium falls significantly】December 15 news: Shanghai aluminum night trading opened high and maintained a high trend. In the early trading session, it mainly fluctuated at a high level, with the main contract challenging the 40-day moving average. This week, the inventory in South China dropped rapidly, reaching a new low for the year. This reflects the resilience of consumption. However, the continuous sharp rise in aluminum prices has suppressed the market's high premium situation. On Friday, holders concentrated on selling off their goods to realize profits, leading to an increase in the circulation of goods in the market. The main trend is to accelerate the dumping of goods, with the prices decreasing from the early average to -30-40. Downstream buyers are cautious and the overall transaction volume is sluggish.
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