China's Cast Aluminum Alloy Inventory Falls for Seventh Week, Pace Slows Amid Weak Demand

Published: Jul 16, 2026 14:59

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[SMM Aluminum Alloy Flash] This week, China's social inventory of cast aluminum alloy ingots fell 5,600 mt WoW to 29,700 mt, marking the seventh consecutive week of destocking. Cumulative destocking reached 33,200 mt, but the pace slowed compared to the prior two weeks. The industry operating rate remains low, with limited new warehouse inflows. Meanwhile, the spot-futures price spread stayed in a relatively favorable range, prompting traders to focus on selling, which drove continuous destocking. However, as the traditional consumption off-season deepens, overall market demand remains weak, constraining the destocking magnitude to some extent.

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