【SMM Aluminum Spot Market Midday Review: Low inventory supports spot premiums, short-term spot premiums in East China may be maintained】SMM News on January 16: The main Shanghai aluminum contract fluctuated downward in the morning. Today, trading in the East China region was general, with mainly goods holders selling. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) was 114,100 tons, an increase of 3,700 tons from the previous trading day. Spot circulation is relatively tight, and spot premiums for the 2402 contract remain high. Today, the SMM A00 aluminum price had a spot premium of about 80 yuan/ton for the 2402 contract, compared to the previous trading day...
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