Spring Recovery! Despite the poor performance of aluminum billet processing fees in the doldrums for a month after the Chinese New Year holiday, affected by high production site inventory, weak downstream demand, and aluminum prices fluctuating at highs, some provinces (such as Guangxi) saw small-scale production cuts or signals of impending cuts in aluminum billet enterprises in March.
On Monday, April 14, Goldman Sachs revised its aluminium price forecast for 2025, adopting a bearish outlook due to the impact of newly imposed US tariffs on aluminium and auto parts imports.