China's Secondary Aluminum Alloy Ingot Stocks Drop 687 MT WoW Post-Holiday

[SMM Aluminum Alloy Daily Review] The center of today’s ADC12 market quotations shifted up noticeably, with most producers’ price adjustments concentrated in the 500–600 yuan/mt range. Supported by cost push and market expectations, enterprises showed a relatively clear willingness to raise prices. However, downstream demand remained relatively steady, and most enterprises reported that overall orders and inquiry activity were average, with downstream purchasing still mainly focused on restocking as needed.

[SMM Aluminum Flash] Data from the National Bureau of Statistics (NBS) showed that in February 2026, the nationwide consumer price index rose 1.3% YoY. Of this, urban areas rose 1.4% and rural areas rose 0.9%; food prices rose 1.7% and non-food prices rose 1.3%; consumer goods prices rose 1.1% and service prices rose 1.6%. On average in January–February, the nationwide consumer price index rose 0.8% from the same period a year earlier. In February, the nationwide consumer price index rose 1.0% MoM. Of this, urban areas rose 1.0% and rural areas rose 0.7%; food prices rose 1.9% and non-food prices rose 0.8%; consumer goods prices rose 0.8% and service prices rose 1.1%.