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China's Secondary Aluminum Alloy Ingots Inventory Rises for Fourth Week Amid Sluggish Demand

Published: May 7, 2026 13:49
Source: SMM
[SMM Aluminum Update] According to SMM statistics, as of this Thursday, the social inventory of secondary aluminum alloy ingots in China's major consumption regions stood at 57,200 mt, up 400 mt WoW, marking four consecutive weeks of inventory buildup. Under off-season conditions, demand remained sluggish. Slow warehouse withdrawals, coupled with an accelerating shift from producer inventory to social inventory, meant that inventory destocking pressure persisted.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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