【SMM South China Aluminum Spot: South China's premium maintains a weak trend as the peak season approaches and awaits demand drive】February 27th News: The night market for SHFE aluminum opened slightly higher. In the early session, strong news about an accident at a northern aluminum factory drove prices higher, and although there was a subsequent decline, aluminum prices still saw a certain increase today. Coupled with inventory pressure constraints, the premium for South China's spot aluminum continued to show a narrowing trend, with early holders quoting near the average price and -10. With the significant fluctuations in SHFE aluminum, the focus of premiums and discounts trended downwards, with quotes at -10 to -30. After downstream operations resumed generally, occasional low-buying activities were seen, and major players also took action to receive goods at a discount. Transactions have turned from weak to strong, with overall transactions remaining acceptable.
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