Weekly Statistics of Aluminum Billet Outflows from Warehouses in China on April 21, 2025 (4.14-4.20)

SMM April 21 News:

According to SMM statistics, the outflows from warehouses of aluminum billets totaled 68,900 mt during April 14-20, an increase of 7,800 mt MoM. The current data reflects a marginal strengthening in the momentum of end-user restocking. On one hand, the significant drop in aluminum prices has stimulated some end-users to restock at low prices. On the other hand, although the "Golden March and Silver April" peak consumption season is nearing its end, downstream players continue to adopt a strategy of "driving down prices and slow procurement + picking up goods as needed," forcing upstream players to accelerate inventory turnover. Considering that aluminum prices are still fluctuating at lows and the window for essential stockpiling before the Labour Day holiday has opened, it is expected that aluminum billet inventory will maintain a downward trend.