[SMM Midday Review of Spot Aluminum: Price Pullback Stimulates Transactions, Central China's Spot Market Shows Strong Performance] On the inventory side, according to SMM's domestic aluminum ingot inventory data, the inventory of aluminum ingots in three domestic locations stood at 487,400 mt on May 9, a destocking of 13,200 mt from the previous day. In the short term, the post-holiday pullback in aluminum prices has stimulated spot transactions, narrowing the spot discounts. However, it is still necessary to monitor the impact of changes in end-use demand due to the shift between peak and off-peak seasons in the downstream sector.
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