【SMM Aluminum Spot Afternoon Review: Shanghai Aluminum Main Contract Fell after Rising, Overall Spot Transactions Were Average, and Central Plains Spot Discount Expanded Slightly】SMM News on April 26th: The main contract of Shanghai Aluminum rose in the morning session and then fell. Today, holders in East China are mainly selling their stocks, and transactions are average. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) was 281,500 tons today, a decrease of 4,300 tons from the previous trading day. There is a demand for stockpiling before the festival, and the inventory has been continuously decreasing. Today, the price of SMM A00 aluminum is about 50 yuan/ton less than that of the 2405 contract, compared with the previous trading day.
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