November 20 News:
According to SMM statistics, on November 20, the inventory of aluminum ingots in Guangdong was 176,600 mt, a decrease of 5,000 mt compared to the previous trading day; the inventory of aluminum ingots in Wuxi was 154,800 mt, a decrease of 6,500 mt compared to the previous trading day; the inventory of aluminum ingots in Gongyi was 71,400 mt, a decrease of 200 mt compared to the previous trading day. The total inventory of aluminum ingots in these three locations decreased by 11,700 mt.
![Spot Prices Flat Across the Board, Ex-China Transaction Prices Pull Back, Supply-Demand Surplus Unchanged [SMM Alumina Weekly Review]](https://imgqn.smm.cn/usercenter/YYogD20251217171650.jpg)


