SMM Aluminum Market Weekly Report 20250529

Published: May 30, 2025 09:01

Save

Details of the hot topics in the aluminum market this week (May 26-29, 2025) are as follows......

Aluminum: Inventory destocking exceeds expectations, with strong performance in spot premiums in east China
Bauxite and Alumina: Imported bauxite index rises, while the growth rate of spot alumina prices slows down
Aluminum Billet and Extrusion: Insufficient consumption of aluminum billets puts pressure on processing fees, while infrastructure orders support the recovery of construction material production
Secondary Aluminum: Significant regional differentiation in aluminum scrap prices, with insufficient downstream inventory preparation before the holiday and weak demand support for ADC12
Aluminum Auxiliary Materials: Prebaked anode prices are expected to weaken, while the rising cost of aluminum fluoride and weak supply and demand maintain stability

For more details, please refer to the Weekly Report on China's Aluminum Market (20250529)

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

China's Secondary Aluminum Inventory Rises 1,100 MT WoW Amid Narrowing Spot-Futures Spread

[SMM Aluminum News Flash] According to SMM statistics, the social inventory of secondary aluminum alloy ingots in China's major consumption areas increased by 1,100 mt WoW Thursday, marking the first inventory buildup since February. The main driver behind this round of inventory rebound was the significant narrowing of the spot-futures price spread, which squeezed arbitrage opportunities for spot-futures traders and hindered shipments. This was compounded by a marginal weakening of demand recently, accelerating the transfer of enterprise inventory to social inventory.

1 hour ago

Aluminum Alloy Futures Drop 0.54% as Spot Prices Rise Amid Lackluster Demand

[SMM Aluminum Alloy Daily Review] Futures side, the most-traded aluminum alloy 2606 futures contract opened at 24,095 yuan/mt today, hitting an intraday high of 24,200 yuan/mt and a low of 23,735 yuan/mt, before closing the morning session at 24,000 yuan/mt, down 0.54%. Spot side, driven by a significant rise in primary aluminum prices, cost support strengthened notably, and most enterprises chose to raise prices by 100 yuan/mt. However, demand side, downstream acceptance of high prices was limited, transactions were lackluster, and some enterprises lacked the momentum to raise prices, opting to hold steady and wait.

1 hour ago

Aluminum Prices Surged Higher, Shipment Sentiment Notably Exceeded Procurement [SMM Spot Aluminum Midday Review]

1 hour ago