Aluminum Ingot Inventory Declines Across Key Regions, SMM Forecasts Further Decline Short-term

Telah Terbit: May 21, 2025 10:00
According to SMM statistics, as of May 21, the aluminum ingot inventory in Guangdong was 234,000 mt, in Wuxi was 157,000 mt, and in Gongyi was 56,000 mt, with a total inventory of 447,000 mt across the three locations, a decrease of 10,500 mt from the previous trading day. SMM expects that despite the overall low arrival volumes in China during mid-May, which have temporarily sustained the destocking trend in domestic aluminum ingot inventory, the inventory is likely to continue declining in the near term. However, under normal circumstances, due to the overall smooth domestic transportation in May, combined with the expected weakening of outflows from warehouses during the off-season, the circulation of aluminum ingots in major domestic consumption areas is expected to gradually ease from late May to early June.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn