【SMM South China Aluminum spot: weekend destocking slows down aluminum prices at high levels retract slightly today South China spot market discounts slightly expand】December 25th: Shanghai aluminum night trading opened high and rose, retreated significantly from the high levels in early trading, falling back to the 19,000 yuan/ton line. This week, the destocking of inventory in South China has slowed significantly, and the seven consecutive rises in aluminum prices have come to an end. Many holders still choose to adjust their shipments on high days for long settlement days, but there is supplementary input demand in the middle and lower reaches of the month, with relatively strong current month offer prices and low month-end differentials stimulating buyers to enter the market for purchases, and market prices have slightly warmed up with overall transactions remaining acceptable...
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