Aluminum Ingot Inventories Decline Across Key Regions, SMM Reports

Telah Terbit: Jun 4, 2025 21:54

Simpan

According to SMM statistics, as of June 4, the social inventory of aluminum ingots in Guangdong was 206,000 mt, in Wuxi was 130,000 mt, and in Gongyi was 55,500 mt, with a total inventory of 391,500 mt across the three regions, a decrease of 10,500 mt from the previous trading day. After the Dragon Boat Festival holiday, the overall inventory buildup situation in China was manageable, with a particularly notable inventory buildup in the Gongyi region, primarily due to the short-term intensive arrivals caused by customers' concentrated shipments at month-end. In the Foshan region, the current situation of weak supply and demand for aluminum ingots persisted, with a slight decline maintained after the holiday. In the Wuxi region, there was a minor inventory buildup during the holiday, but it is understood that subsequent shipment plans from aluminum smelters remain relatively low, with arrivals expected to remain at a relatively tight level. SMM expects that the daily inventory of aluminum ingots across the three regions will continue to maintain an overall destocking trend, operating below 400,000 mt.

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.

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