【SMM Aluminum Spot Market Midday Review: Shanghai Aluminum Main Contract Shakes and Rises, Sufficient Spot Supply Maintains Discounts】SMM News on March 20th: The main contract of Shanghai aluminum shook and rose in early trading today. Active trading in the East China region, with most of the goods supplied by the holders. There is sufficient spot supply, and the demand side mainly focuses on just-in-time purchasing, with moderate transactions. According to SMM statistics, the inventory of aluminum ingots in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) today is 260,300 tons, a decrease of 700 tons from the previous trading day. Today, the A00 aluminum price quoted by SMM for the 2404 contract is at a discount of 50 yuan/ton, compared to the previous trading day...
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