【SMM Aluminum Spot Market Review: Spot Aluminum Prices Continue to Fall, Discount Prevails in Spot Market】SMM, June 18: In the early trading session today, the main aluminum contract on the Shanghai Futures Exchange fluctuated, with the focus of trading moving upward. In the East China region, the spot trading of aluminum ingots was moderately active today, with transactions being made at a good pace, and suppliers were mainly selling their goods. According to SMM statistics, the inventory of aluminum ingots in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) was 247,600 tons today, a decrease of 2,100 tons from the previous trading day. Spot aluminum prices have fallen back from previous levels, and downstream demand has improved.
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