SMM Aluminum Spot Midday Review: Shanghai Aluminum main contract fluctuated upward before falling back, with weakening demand and light trading activities as the Spring Festival approaches. SMM News on February 6th: The main contract for Shanghai Aluminum fluctuated upward in the early trading session before falling back. Trading activities in the East China region were relatively light today, as downstream production gradually slowed down for the upcoming Spring Festival, leading to weaker demand. The market mainly focused on essential stockpiling, and trading was generally average. According to SMM statistics, aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Hai'an and other areas) was 106,300 tons, a decrease of 1,400 tons from the previous trading day. Recent arrivals were slightly hindered, and the import window was temporarily closed, resulting in a slightly tight spot supply. Today, SMM A00 aluminum price for the 2402 contract...
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