China's Cast Aluminum Alloy Ingots Inventory Rises, Ending 10-Week Destocking Trend

Published: Aug 13, 2026 11:34

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[SMM Aluminum Alloy Flash] This week, China's social inventory of cast aluminum alloy ingots rose to 25,500 mt, up 1,500 mt WoW, ending ten consecutive weeks of destocking and turning to inventory buildup. The market was still in the high-temperature off-season, with weak downstream demand and sluggish shipments; meanwhile, the spot-futures price spread weakened during the week and futures remained at a premium, boosting spot-futures traders' willingness to buy on dips and driving warehouse inflows higher. Given that demand has yet to recover visibly and spot-futures buying has increased only temporarily, social inventory is still expected to face some inventory buildup pressure in the near term, with inventory likely to continue edging up thereafter.

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