SHANGHAI, Mar. 22 (SMM) – Spot aluminum was mainly traded at RMB 14,520-14,540/mt in Shanghai on Friday, a discount of RMB 70-100/mt over SHFE 1304 aluminum contract prices. Low-iron aluminum was trade around RMB 14,620/mt. SHFE 1306 aluminum contract prices inched down, sending spot aluminum prices down as well. Some traders held back goods, but most were in a hurry to sell. Downstream producers rebuilt stocks modestly at low prices as liquidity crunch at the quarter’s end bit in, which did help overall trading improve from the previous day.