[SMM Aluminum Spot Market Noon Analysis: Aluminum spot market transactions have improved slightly, and the spot discount in Central China has narrowed]
SMM News on March 27th: The main Shanghai aluminum futures contract fluctuated downwards in early trading today. Merchants in East China were actively selling goods, with sufficient spot supply. Purchasers were mainly fulfilling urgent demand, leading to improved transactions. The spot discount remained stable. According to SMM statistics, aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) was 268,300 tons, a decrease of 1,600 tons from the previous trading day. Today, SMM A00 aluminum price had a spot discount of 90 yuan/ton against the 2404 contract, compared to the previous trading day...
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