The spot market showed some improvement. The aluminum ingot inventory approached the 800,000 mt mark at month-end.
Mar 28, 2025 12:05
Approaching the end of March, domestic aluminum ingot inventory plummeted by 25,000 mt mid-week, nearing the 800,000 mt mark. According to SMM statistics, on March 27, the inventory of aluminum ingots in major domestic consumption areas was 802,000 mt, with 676,000 mt being tradable inventory, a decrease of 25,000 mt from Monday and 32,000 mt WoW from last Thursday. This phenomenon was mainly attributed to the steady increase in outflows from warehouses, with outflows from major consumption areas reaching 128,400 mt over the past week, up 1,300 mt WoW, and weekly outflows maintaining around 130,000 mt since March.