China's Aluminum Ingot Inventory Tops 600,000 mt in May, Supporting Price Rise

Telah Terbit: May 15, 2025 09:38
In May, China's domestic aluminum ingot inventory successfully surpassed the 600,000 mt mark, demonstrating strong resilience in domestic aluminum consumption during the critical transition phase between the off-season and peak season, providing crucial support for the recent consecutive upward trend in aluminum prices. According to SMM statistics, as of May 15, the inventory of aluminum ingots in major domestic consumption areas stood at 581,000 mt, down 20,000 mt from Monday this week, down 39,000 mt WoW from Thursday last week, and down 166,000 mt YoY, remaining at a low level compared to the same period in the past three years.

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In May, China's domestic aluminum ingot inventory successfully surpass - Shanghai Metals Market (SMM)