【SMM aluminum spot noon review: Spot market transactions are generally sufficient in supply and demand is weakening. It is difficult to collect spot discount】On June 25th, according to SMM, the main contract of Shanghai aluminum fluctuated downward in the early trading session and then recovered. Today, the spot market transactions in the East China region are generally sufficient, and downstream is mainly based on replenishing inventory at low prices. Consumption is gradually entering the off-season, demand has weakened, and it is difficult to collect spot discounts. According to SMM statistics, today's aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian and other places) is 250,600 tons, which is 700 tons less than the previous trading day. Today, the discount of SMM A00 aluminum price to the 2407 contract is 70 yuan/ton, which is lower than the previous trading day.
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