SHANGHAI, Jun 13 (SMM) – Operating rates across Chinese secondary aluminium producers dropped 4.6 percentage points from a month ago, and 4.2 percentage points from a year ago to stand at 53.73% in May, showed an SMM survey on Thursday June 13.
Destocking of auto inventories ahead of the new emission standards kept demand for secondary aluminium weak.
Sluggish demand from end-users grew the pressure of inventories of finished goods at secondary aluminium producers, driving them to curtail production.
Inflows of seaborne ADC12 weighed on the domestic low-end market, and this shrank profit margins and resulted in production cuts.
Greater efforts to lower stocks of vehicles under old emission standards is likely to depress operating rates across secondary aluminium producers to some 50% in June.
![La tasa de operación del procesamiento de aluminio cayó 0,2 puntos porcentuales hasta el 61,1 % esta semana, el efecto de la temporada baja se profundizó y continuó [Encuesta semanal de procesamiento de aluminio de SMM].](https://imgqn.smm.cn/usercenter/NQyKF20251217171655.jpg)
![[Análisis de SMM] La chatarra de aluminio del Sudeste Asiático repunta mientras el ADC12 se mantiene bajo presión en medio del enfoque en la Sección 232](https://imgqn.smm.cn/production/admin/votes/imageslvDRc20240314085754.png)

