【SMM Aluminum Spot Market Noon Review: Aluminum ingot arrivals in Wuxi are noticeably increasing, with a slight widening of East China spot discounts】SMM March 25th news: The main aluminum futures contract in Shanghai fluctuated and adjusted in early trading today. In the East China region, inventory holders are actively selling. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) today is 288,200 tons, an increase of 11,800 tons from the previous trading day. With concentrated arrivals in Wuxi over the weekend, spot supply is sufficient, and purchases are mainly driven by just-in-time needs. Transactions are average, and spot discounts are widening. Today, the SMM A00 aluminum price is at a discount of 80 yuan/ton compared to the 2404 contract, a decrease from the previous trading day.
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