China's Secondary Aluminum Alloy Ingot Inventory Down 99 mt WoW, Driven by Foshan and Ningbo Destocking

Published: May 18, 2026 09:30
[SMM Update] China's mainstream consumption areas saw secondary aluminum alloy ingot inventory decrease by 99 mt WoW from last Friday to 31,200 mt, mainly driven by destocking in Foshan and Ningbo.

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 to learn 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
China's Motorcycle Industry Sees Strong Growth in April, Exports Up 15.99% MoM
27 mins ago
China's Motorcycle Industry Sees Strong Growth in April, Exports Up 15.99% MoM
Read More
China's Motorcycle Industry Sees Strong Growth in April, Exports Up 15.99% MoM
China's Motorcycle Industry Sees Strong Growth in April, Exports Up 15.99% MoM
[SMM Aluminum News] Data from the China Motorcycle Chamber of Commerce shows motorcycle production and sales in April totaled 2.2789 million units and 2.2716 million units, up 8.35% and 11.67% MoM, and up 11.53% and 13.63% YoY. Exports reached 1.3725 million units, up 15.99% MoM and 14.29% YoY. In April, the industry saw steady expansion in both production and sales, with exports contributing significantly to the growth. From January to April, the sector maintained a positive trajectory, supported by robust foreign trade performance.
27 mins ago
[SMM Aluminum Flash News] Aluminum Can Shortage Pushes Diet Coke in India Toward Glass Bottles
1 hour ago
[SMM Aluminum Flash News] Aluminum Can Shortage Pushes Diet Coke in India Toward Glass Bottles
Read More
[SMM Aluminum Flash News] Aluminum Can Shortage Pushes Diet Coke in India Toward Glass Bottles
[SMM Aluminum Flash News] Aluminum Can Shortage Pushes Diet Coke in India Toward Glass Bottles
Supply disruptions linked to Middle East tensions and shipping issues around the Strait of Hormuz have tightened aluminum can availability in India, causing Diet Coke shortages across several cities. As the product relied heavily on aluminum cans, delays in shipments and higher logistics and insurance costs increased packaging pressure. Industry estimates showed imported aluminum cans from the UAE, Sri Lanka and Southeast Asia rose by about 25% to 30%, while domestic can makers were already operating near full capacity. Diet Coke has gradually returned to stores in 200 ml glass bottles, with prices rising to nearly INR 100 compared with around INR 30 for the previous can format.
1 hour ago
[SMM Aluminum Flash News] Alunorte Expands Drone Use to Improve Alumina Refinery Safety and Efficiency
1 hour ago
[SMM Aluminum Flash News] Alunorte Expands Drone Use to Improve Alumina Refinery Safety and Efficiency
Read More
[SMM Aluminum Flash News] Alunorte Expands Drone Use to Improve Alumina Refinery Safety and Efficiency
[SMM Aluminum Flash News] Alunorte Expands Drone Use to Improve Alumina Refinery Safety and Efficiency
Alunorte, the world’s largest alumina refinery, is accelerating the use of drone technology after investing about USD 633,000 in a fleet of 15 drones for equipment inspection, environmental monitoring and security management. The company said drones can replace some confined-space and high-altitude operations while reducing visual inspection time by around 80% and improving inspection accuracy. In the first three months of 2026, the program generated an estimated USD 1.19 million in financial returns through reduced downtime and lower scaffolding needs. Alunorte noted that drones combined with artificial intelligence and thermal imaging will further enhance operational efficiency, safety and sustainability management.
1 hour ago