Aluminum Ingot Inventory Declines Across Three Regions, Totaling 391,500 mt

Published: Jun 4, 2025 21:53

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According to SMM statistics, as of June 4, the social inventory of aluminum ingots in Guangdong was 206,000 mt, in Wuxi was 130,000 mt, and in Gongyi was 55,500 mt, totaling 391,500 mt across the three regions, a decrease of 10,500 mt from the previous trading day. After the Dragon Boat Festival holiday, the overall inventory buildup situation in China was manageable, with a particularly notable inventory buildup in the Gongyi region, primarily due to the short-term intensive arrivals caused by customers' concentrated shipments at month-end. In the Foshan region, the current situation of weak supply and demand for aluminum ingots persisted, with a slight and stable decline observed after the holiday. In the Wuxi region, there was a minor inventory buildup during the holiday, but it is understood that subsequent shipment plans from aluminum smelters remain relatively low, with arrivals expected to remain at a relatively tight level. SMM expects that the daily inventory of aluminum ingots across the three regions will continue to maintain an overall destocking trend, operating below 400,000 mt.

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.

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