【SMM Aluminum spot market noon review: Aluminum ingots may be concentrated in the post-holiday period, the premium may be under pressure】SMM News on February 8:
Today, the main Shanghai aluminum contract fluctuated mainly upwards in the morning, as the New Year approaches, the spot trading of electrolytic aluminum is light.
The atmosphere of the Spring Festival holiday is getting stronger, and today's trading in the East China region is limited. SMM statistics show that the aluminum ingot inventory in Wuxi (excluding Hangzhou, Changzhou, Haian, etc.) is 109,700 tons, an increase of 2,700 tons from the previous trading day. Today, SMM A00 aluminum price for the 2402 contract had a premium of 40 yuan/ton, an increase from the previous trading day...
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