SMM May 18:
In early trading, SHFE aluminum 2606 contract fluctuated downward, with the overall price center significantly lower than the previous trading day. Today, market purchasing sentiment remained at a weak level. Affected by the sharp decline in aluminum prices, some sellers held back from selling, with strong sentiment to hold prices firm. The mainstream spot quotation ranged from SMMA00-10 yuan/mt to the average price. The shipment sentiment index for the east China market was 2.9 today, down 0.1 MoM; the purchasing sentiment index was 2.83, flat MoM.
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