SMM Aluminum Spot Market Midday Review: Main Shanghai Aluminum Futures Contract Shakes and Runs, with More Cargo Holders Selling in East China, but Spot Circulation Remains Relatively Tight

SMM, January 3: This morning, the main Shanghai aluminum futures contract ran mainly in a shaky manner, with a slight downward shift in the operating focus. Today, the spot trading in East China is active, with more cargo holders selling, increasing the circulation of goods, but downstream just-in-time purchases are the main focus, with average transactions. According to SMM statistics, the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) was 112,600 tons today, the same as the previous trading day. Today, SMM A00 aluminum price for the 2401 contract...