【SMM Aluminum Spot Market Midday Review: Slight Increase in Inventory, Spot Trading Weakening】SMM News on January 31: The main Shanghai aluminum futures rebounded after probing the bottom in early trading today. In the East China region, the main source of spot goods is from the holders, but the downstream just need to purchase, and the trading is general. According to SMM statistics, the aluminum ingot inventory in Wuxi area (excluding Hangzhou, Changzhou, Hai'an, etc.) was 108,200 tons today, a decrease of 3,800 tons from the previous trading day. Today, the SMM A00 aluminum price for the 2402 contract narrowed to around flat water compared to the previous trading day, with a decrease of 10 yuan/ton.
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