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

Published: May 7, 2026 13:49

Save

[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.

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

7 mins ago

SHFE Cast Aluminum Alloy Warrants Drop by 393 mt to 33,431 mt on May 7

[SMM Update] SHFE data showed that on May 7, the total registered cast aluminum alloy warrants were 33,431 mt, a decrease of 393 mt from the previous trading day. By region: Shanghai 1,999 mt (no change), Guangdong 10,457 mt (decrease of 243 mt), Jiangsu 5,999 mt (no change), Zhejiang 9,687 mt (no change), Chongqing 4,143 mt (no change), and Sichuan 1,146 mt (decrease of 150 mt).

7 mins ago

9 mins ago

TA’ZIZ to Supply 200,000 DMT of Caustic Soda Annually to EGA's Al Taweelah Refinery from 2028

[SMM Aluminum Express News] TA’ZIZ and Emirates Global Aluminium have signed a long-term agreement for the supply of 200,000 DMT per year of caustic soda, a key input for alumina refining. Starting in Q4 2028, TA’ZIZ will become the first domestic supplier of caustic soda to EGA’s Al Taweelah alumina refinery in Abu Dhabi, strengthening raw material security and reducing import dependence across the UAE aluminum supply chain.

9 mins ago

23 mins ago

[SMM Flash News] Aluminum Prices Drop Sharply, Spot Market Remains Weak

SMM reported on May 7 that the SHFE aluminum 2505 contract fell sharply in early trading. The spot aluminum ingot markets in central China and east China saw trading sentiment weaken again, dragged down by lackluster buying interest, with transaction prices continuing to decline.

23 mins ago