【SMM Aluminum Spot Market Noon Report: Shanghai Aluminum Main Contract Breaks Through 19500 yuan/ton Upward Spot Supply Adequate Aluminum Price Strong Spot Discount Widening】SMM News on March 29th: The morning session Shanghai aluminum main contract trended upwards. Today, in the East China region, holders are mainly selling, with sufficient spot supply, coupled with strong aluminum prices, spot discounts widening, and moderate trading volume. According to SMM statistics, aluminum ingot stocks in Wuxi region (excluding Hangzhou, Changzhou, Hai'an, etc.) were 266,300 tons today, a decrease of 6,000 tons from the previous trading day. Today, SMM A00 aluminum price has a discount of 110 yuan/ton against the 2404 contract, compared to the previous trading day.
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