【SMM Aluminum Spot Afternoon Commentary: Shanghai Aluminum Main Contract Mainly Fluctuated Upward, East China and Central Plains Spot Discount Narrowed Slightly】On May 9, SMM reported that the Shanghai aluminum main contract mainly fluctuated upward in the morning session. Today, the major suppliers in East China mainly sold their inventories, with average trading volumes. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) is 275,100 tons, a decrease of 1,900 tons from the previous trading day. Today's SMM A00 aluminum price is discounted against the 2405 contract by approximately 60 yuan/ton, up 10 yuan/ton from the previous trading day...
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