China's Cast Aluminum Alloy Inventory Rises 2,500 mt WoW, Marking Second Consecutive Week of Buildup
[SMM Aluminum Alloy Flash] This week, China’s social inventory of cast aluminum alloy ingots recorded 28,100 mt, up 2,500 mt WoW, marking the second consecutive week of inventory buildup, with the buildup magnitude further widening from last week. Currently in the demand off-season, downstream purchase willingness is low, and market shipment pace is slow. Meanwhile, periodic increases in spot-futures arbitrage purchases provided some replenishment to inventory. Overall, social inventory still faces buildup pressure in the short term, and it is expected to continue a slight upward trend.