[SMM Aluminium spot market afternoon review: Shanghai Aluminium main contract fluctuates upwards, spot discount narrowed by destocking]

SMM News on April 12: In the morning session today, the main contract of Shanghai Aluminium fluctuated upwards. Active trading in the East China region today, with holders mainly shipping out goods and relatively good transactions. According to SMM statistics, the inventory of aluminium ingots in Wuxi region (excluding Hangzhou, Changzhou, Hai'an, etc.) today is 284,600 tons, a decrease of 1,600 tons from the previous trading day. Today, the A00 aluminium price in SMM narrowed the premium over the 2404 contract to around par, compared to the previous trading day.