Social inventory of aluminum alloy shifts from accumulation to depletion; short-term cost support remains strong [SMM Cast Aluminum Alloy Morning Comment]
[Aluminum alloy social inventory shifts from accumulation to decline; short-term cost support remains strong] According to SMM data, on September 24, the theoretical premium of the SMM ADC12 spot price over the 10:15 closing price of the most-traded cast aluminum alloy contract (AD2611) was 790 yuan/mt......