SHFE Copper to Post Small Gains (2016-3-25)

[ADC12 Price Daily Review: Aluminum Alloy Futures Rebound Under Pressure, Cost Supports Spot Stable] Today, ADC12 market quotations remained generally stable. The SMM ADC12 price held steady from the previous day at 23,900 yuan/mt.

[SMM Aluminum Alloy Flash] This week, China’s social inventory of cast aluminum alloy ingots recorded 28,100 mt, up 2,500 mt WoW, marking the second consecutive week of inventory buildup, with the buildup magnitude further widening from last week. Currently in the demand off-season, downstream purchase willingness is low, and market shipment pace is slow. Meanwhile, periodic increases in spot-futures arbitrage purchases provided some replenishment to inventory. Overall, social inventory still faces buildup pressure in the short term, and it is expected to continue a slight upward trend.