China's Secondary Aluminum Alloy Ingot Inventory Falls for 6th Week Amid Tax Invoice Constraints

Published: Jul 9, 2026 11:27

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[SMM Aluminum Alloy Flash] This week, China's social inventory of secondary aluminum alloy ingots fell by 9,000 mt WoW to 35,300 mt, marking the sixth consecutive week of destocking. Constrained by tax invoices, the industry's operating rate remained low, with limited new warehouse inflows; meanwhile, favorable spot-futures price spreads prompted increased sales of spot and futures aluminum, further accelerating the destocking of social inventory.

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