SMM Aluminum Spot Market Noon Review: Spot premiums in East China slightly expanded, aluminum ingot inventories in Wuxi and Gongyi areas down slightly today. SMM, Jan 17: Shanghai aluminum futures fluctuated downward in early trading today. Trading in East China was relatively active, with decent transactions mainly driven by offloading from holders. According to SMM statistics, aluminum ingot inventories in Wuxi area (excluding Hangzhou, Changzhou, Hai'an, etc.) were 111,000 tons today, a decrease of 3,100 tons from the previous trading day. Spot circulation remained relatively tight, with spot premiums slightly expanding. Today, SMM A00 aluminum price offered a premium of about 100 yuan/ton to the 2402 contract, up from the previous trading day...
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