[SMM Aluminum Spot Midday Review: Shanghai Aluminum Main Contract Rebounds After Testing the Downside, Aluminum Spot Premiums Remain Stable]

SMM News on March 28th: The Shanghai aluminum main contract rebounded after testing the downside in early trading, with the focus of operation mainly upward. Today, in the East China region, holders actively shipped goods, with sufficient spot supply and the demand side mainly focusing on just-in-time purchasing. Transactions were generally normal, with spot premiums holding steady. According to SMM data, aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) was 266,900 tons on the same day, a decrease of 14,000 tons from the previous trading day. Today, the SMM A00 aluminum price had a premium of 90 yuan/ton against the 2404 contract, compared to the previous trading day...