SMM Aluminum Spot Market Noon Review: Downstream Production Reduction in Central China Under Recent Environmental Protection Control, Demand Weakening and Significant Expansion of Central China Discount

SMM News on December 28: Shanghai aluminum main contract fluctuated and adjusted in early trading today, with the operating center slightly lower. Today, the spot market in East China saw moderate transactions. According to SMM statistics, the aluminum ingot inventory in Wuxi area was 117,000 tons today, a decrease of 10,000 tons from Monday and 13,000 tons from last Thursday. With the rise in aluminum prices, downstream buyers are cautious in receiving goods under general demand conditions, leading to a slight expansion of the discount. Today, the SMM A00 aluminum price for the 2401 contract has a discount of 40 yuan/ton...