China's Secondary Aluminum Inventory Falls Slightly Amid Supply Tightness and Increased Shipments

Published: Jun 4, 2026 14:48

Save

According to SMM statistics, as of Thursday this week, the social inventory of secondary aluminum alloy ingots in China's major consumption regions decreased slightly by 400 mt WoW to 62,500 mt, ending seven consecutive weeks of inventory buildup. On one hand, insufficient input tax invoices forced some secondary aluminum smelters to cut production, tightening market supply; on the other hand, traders increased shipments as the spot-futures price spread widened, which, combined with downstream procurement and manufacturers' repurchase activities, accelerated spot circulation. In the short term, supported by invoice source constraints and the spot-futures price spread, social inventory may continue modest destocking, but weak demand will limit the scope for destocking.

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

30 mins ago

SMM ADC12 Price Holds Steady at 24,000 Yuan/mt Amid Cautious Market Sentiment

[SMM Aluminum Alloy Daily Review]The SMM ADC12 price remained steady at 24,000 yuan/mt from the previous trading day. Amid high costs and weak demand, the market was primarily cautious in adjusting prices. It is expected that ADC12 prices will continue to move sideways in the near term, with further upward momentum awaiting support from end-use demand.

30 mins ago

34 mins ago

Short-term Bull Momentum Repair, Aluminum Alloy Drifting Higher; Cautious Price Adjustments in Spot Market, Sluggish Transactions [ADC12 Daily Price Review]

[ADC12 Price Daily: Short-Term Bullish Momentum Recovers, Aluminum Alloy Drifts Higher; Spot Market Cautious in Price Adjustment amid Sluggish Transactions]Today, the SMM ADC12 price remained stable compared to the previous trading day at 24,000 yuan/mt.

34 mins ago

1 hour ago

SHFE Aluminum Rises for Three Consecutive Days, Spot Aluminum Strong and Firm [SMM South China Aluminum Spot Daily Review]

1 hour ago