In the three days of the week, a total of 32,400 tons of aluminum ingots arrived in Wuxi, with an average daily arrival of over 10,000 tons, representing an increase of nearly 11,000 tons from the previous week. However, the outbound inventory only increased slightly by 2,100 tons, which exerted significant pressure on the spot premium and discount in East China. According to SMM's research, the main arrivals in Wuxi are from Xinjiang, Inner Mongolia, Shaanxi, and Qinghai, with Xinjiang accounting for the largest proportion. Currently, aluminum processing in the northwestern region is weak, and local demand is poor. At the same time, due to the price difference between Guangdong and Shanghai, the amount shipped to South China has decreased significantly. In addition, some sea freight is being transshipped, and a small amount of aluminum ingots from Yunnan and Guizhou regions are also being shipped to East China.
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