Greater arrivals, poor consumption grow aluminium billet stocks

[SMM Aluminum Express] Stok ingot aluminium paduan sekunder Tiongkok di wilayah konsumsi utama tercatat sebesar 23.100 metrik ton hari ini, turun 453 metrik ton dari level sebelum liburan, melanjutkan tren penurunan stok.

[Ex-China Premium Collapse vs. Accelerated Domestic Destocking, Aluminum Prices Under Pressure in Short-Term Fluctuations] China side, the accelerating destocking pace is a highlight, but absolute inventory remains in a relatively high range. In the absence of new macro positives, SHFE aluminum follows LME aluminum under pressure, but supported by domestic destocking, the decline is relatively controllable. Short-term aluminum prices are expected to be in the doldrums.

[Komentar Pagi Aluminium Cor Paduan SMM: Inventaris Paduan Aluminium Turun Tiga Minggu Berturut-turut, Pengetatan Pasokan Semakin Dalam] Jumat lalu, pasar ADC12 secara keseluruhan mempertahankan pola operasi harga stabil, dengan SMM ADC12 bertahan di 24.100 yuan/mt. Harga ADC12 jangka pendek diperkirakan akan bertahan di level tinggi.