[SMM Spot Aluminum Midday Review: Dual Impact of Production Cuts and High Prices Weakens Spot Aluminum Transactions]
Inventory side, according to SMM domestic aluminum ingot social inventory data, as of March 10, domestic mainstream consumption areas' aluminum ingot inventory stood at 868,000 mt, with a further destocking of 3,000 mt WoW. While inventory in major consumption areas continued to decline, downstream buyers were cautious due to high absolute prices, leading to limited upward momentum for spot premiums. It is expected that market premiums will remain stable this week.

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