【SMM Aluminum Spot Afternoon Review: Aluminum Ingots Accumulate in Wuxi and Gongyi over the Weekend, Spot Prices Maintain Discount under Inventory Pressure】SMM News on July 22: In today's morning session, the main contract of Shanghai Aluminum futures rose and then fell, with the center of gravity slightly shifting up. Today, in the spot market in East China, suppliers were mainly shipping their goods, with a strong off-season atmosphere. Downstream buyers were purchasing according to demand, with average transaction volume, and the spot discount continued to expand slightly. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) is 299,300 tons today, an increase of 4,700 tons from the previous trading day. Today's SMM A00 aluminum price is discounted by 70 yuan/ton against the 2408 contract...
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