SHANGHAI, Mar. 21 (SMM) – On Wednesday, SHFE 1205 aluminum contract price opened at RMB 16,135/mt and fluctuated upward to a high of RMB 16,175/mt to finally close at RMB 16,160/mt, up RMB 5/mt from the previous trading day. Spot prices in Nanhai stabilized between RMB 15,980-16,000/mt. Transactions did not change much with quotations mainly between RMB 15,980-15,990/mt. Consumption downstream remained unimproved.