【SMM Aluminum Spot Market Review: Main Contract of Shanghai Aluminum Mainly Rises in Vibration, Spot Transaction Generally Increases Discount】SMM News on May 28: In the early morning trading session today, the main contract of Shanghai aluminum was mainly rising in vibration. In the East China region today, the main business of aluminum holders was to ship out their goods. With high aluminum prices, downstream demand for receiving goods was relatively weak, and transactions were generally sluggish. According to SMM statistics, the inventory of aluminum ingots in Wuxi region (excluding Hangzhou, Changzhou, Hai'an and other regions) today was 264,300 tons, an increase of 1,500 tons compared with the previous trading day. The spot discount narrowed slightly. Today, the SMM A00 aluminum price is about 120 yuan/ton lower than the 2406 contract, compared with the previous trading day.
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