【SMM Aluminum Spot Afternoon Review: Small Narrowing of Spot Discount, and the Spot Market May Maintain Discount Status in the Short Term under Inventory Pressure after the Contract Rolls Over】SMM News on July 11: The main contract of Shanghai aluminum futures fluctuated and adjusted in the morning session today. The trading volume in the spot market in East China was average, and downstream mainly took delivery based on demand. According to SMM statistics, the inventory of aluminum ingots in Wuxi (excluding Hangzhou, Changzhou, Hai'an, etc.) was 277,200 tons today, an increase of 1,500 tons from the previous trading day. Today, the SMM A00 aluminum price was discounted by 20 yuan/ton against the 2407 contract, compared to the previous trading day...
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