SMM News on April 25th:

On April 25th, 2024, according to the statistics of SMM, the total social inventory of electrolytic aluminum ingots was 807,000 tons, and the domestic tradable electrolytic aluminum inventory was 681,000 tons. Compared with last Thursday, the inventory decreased by 37,000 tons, and compared with this Monday, the inventory decreased by 24,000 tons, which was at a low level in the same period of the past seven years and decreased by 77,000 tons compared with the same period last year.

According to SMM's analysis, the decrease in domestic aluminum ingot inventory was due to the continuous closure of the import window mentioned earlier, the downstream peak season...