【SMM Aluminum Spot Afternoon Review: Mainly Cargo Holders Selling with Downstream Rigid Demand for Procurement, Spot Transaction Volume Generally Flat with a Slight Expansion of Discount】SMM news on July 19th: In the morning session today, the main contract for Shanghai Aluminum shifted its operation center slightly upwards. Today, in the spot market of East China, cargo holders are mainly engaged in selling, and downstream buyers purchase according to their needs, resulting in a weak transaction volume, and the spot discount expanded slightly. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) is 294,600 tons today, a decrease of 400 tons compared with the previous trading day. Today, the SMM A00 aluminum price is discounted by 60 yuan/ton compared with the 2408 contract, compared with the previous trading day...
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