SHANGHAI, Jun. 19 (SMM) – Aluminum ingot stocks in China’s five major markets, which had been growing steadily, unexpectedly dropped 2,000 tonnes on a weekly basis last week.
SMM sees the decline as temporary and expects stocks to return to growth soon.
SMM Sees Plenty of Reasons Not to Keep Aluminum in Your Portfolio
Low costs and high profit are incentivizing new and restarted capacity. SMM statistics showed aluminum capacity in operation nationwide has exceeded 38 million tonnes in June.
Downstream consumption will soften in July and August due to the traditional off-season.
Bauxite in Shanxi to Sustain Local Alumina Production for at Least 10 Years, SMM Survey
As of June 16, aluminum ingot stocks in Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi totaled 1.21 million tonnes.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

![휴일 이후 재가동으로 알루미늄 가공업체 가동률 상승, 수요는 여전히 부진 [SMM 주간 조사]](https://imgqn.smm.cn/usercenter/ECUsL20251217171652.jpg)
![연휴 후 재개로 알루미늄 가공업체 가동률 상승, 수요 회복은 여전히 불확실 [SMM 주간 조사]](https://imgqn.smm.cn/usercenter/zsKTq20251217171652.jpg)
