[SMM Aluminum Spot Market Midday Review: Shanghai Aluminum Main Contract Mainly Shows a Downward Trend with Average Transaction Volume; Spot Price Maintains a Small Discount to the Next Month Contract] SMM June 17 News: The Shanghai aluminum main contract mainly showed a downward trend in the early morning trading session today. Spot transactions in the East China region were average today, with suppliers selling their goods as the main activity. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) was 249,700 tons today, decreasing by 4,000 tons from the previous trading day. Today, SMM A00 aluminum price's premium/discount to the 2406 contract turned into a premium of 20 yuan/ton, which was higher than the previous trading day.
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