China's Secondary Aluminum Alloy Ingot Inventory Down 99 mt WoW, Driven by Foshan and Ningbo Destocking

According to data from the General Administration of Customs, domestic imports of bauxite reached 19.74 million tons in April 2026, down 9.4% month-on-month and 4.1% year-on-year. The total import volume from January to April stood at 77.68 million tons, representing a year-on-year increase of 15.1%.

[SMM Aluminum Alloy Daily Review] Futures side, the most-traded aluminum alloy 2607 futures contract opened lower and rebounded with fluctuations today. It opened at 22,900 yuan/mt, then came under pressure and dipped during the session, closing at 22,895 yuan/mt before noon, down 255 yuan from the previous trading day's settlement price, a decline of 1.10%. Spot side, the ADC12 market generally declined today, with drops mostly contained within 100-200 yuan/mt. Currently, compliant aluminum scrap sources were tightening, forcing some secondary aluminum enterprises to cut production. Market supply contracted slightly, leading to rising hold-back-from-selling sentiment amid falling prices, which provided support for prices. In the short term, ADC12 prices are expected to continue moving sid

[SMM Aluminum News] Data from the China Motorcycle Chamber of Commerce shows motorcycle production and sales in April totaled 2.2789 million units and 2.2716 million units, up 8.35% and 11.67% MoM, and up 11.53% and 13.63% YoY. Exports reached 1.3725 million units, up 15.99% MoM and 14.29% YoY. In April, the industry saw steady expansion in both production and sales, with exports contributing significantly to the growth. From January to April, the sector maintained a positive trajectory, supported by robust foreign trade performance.