Driven by optimism over prices and orders, traders placed many new import orders in January, and these cargoes arrived in March. US and UK sanctions on Russian metals bolstered LME aluminum prices in April, thereby lifting overseas aluminum alloy prices to above $2,400/mt. This caused import loss to expand to 700 yuan/mt, thus aluminum alloy ingot imports may decline.
China’s aluminum alloy ingot import and export data in March 2024
Driven by optimism over prices and orders, traders placed many new import orders in January, and these cargoes arrived in March.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.
For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
![[SMM Analysis] Southeast Asia Scrap Aluminum Prices Fall as ADC12 Remains Under Pressure Amid Weak Demand](https://imgqn.smm.cn/production/admin/votes/imageslvDRc20240314085754.png)
2 hours ago
[SMM Analysis] Southeast Asia Scrap Aluminum Prices Fall as ADC12 Remains Under Pressure Amid Weak Demand
Read More
[SMM Analysis] Southeast Asia Scrap Aluminum Prices Fall as ADC12 Remains Under Pressure Amid Weak Demand
2 hours ago
![Prebaked Anode Exports Show Volume-Price Resilience, Regional Divergence Reshapes Landscape [SMM Analysis]](https://imgqn.smm.cn/usercenter/tYQzs20251217171653.jpg)
7 hours ago
Prebaked Anode Exports Show Volume-Price Resilience, Regional Divergence Reshapes Landscape [SMM Analysis]
Read More
Prebaked Anode Exports Show Volume-Price Resilience, Regional Divergence Reshapes Landscape [SMM Analysis]
In summary, in H2 2026, China's prebaked anode export market will present the operating characteristics of "volume increase with stable prices, continued regional divergence, and overall mild growth."
7 hours ago
10 hours ago
Gradual recovery in domestic‑overseas price spread; net primary aluminum imports set to rise
Read More
Gradual recovery in domestic‑overseas price spread; net primary aluminum imports set to rise
10 hours ago
Related News
[SMM Analysis] Southeast Asia Scrap Aluminum Prices Fall as ADC12 Remains Under Pressure Amid Weak Demand
Aug 21, 2026 23:55
Prebaked Anode Exports Show Volume-Price Resilience, Regional Divergence Reshapes Landscape [SMM Analysis]
Aug 21, 2026 18:32
Gradual recovery in domestic‑overseas price spread; net primary aluminum imports set to rise
Aug 21, 2026 16:07
Aluminum imports and exports: SHFE/LME price ratio in China and overseas is gradually recovering, and net aluminum imports are expected to rebound going forward [SMM analysis]
Aug 21, 2026 16:01