[SMM Aluminum Express: Downstream Demand Weakens, Weekly Liquid Aluminum Ratio Continues to Decline]
According to SMM data on December 26, the proportion of liquid aluminum in China's aluminum industry fell by 0.61 percentage points WoW, mainly due to the deepening off-season, high prices suppressing downstream cargo pick-up demand, and environmental protection-driven production restrictions in central China leading to a decline in the operating rate of downstream processing plants.
![Aceleração da redução de estoques de lingotes de alumínio eleva o centro de preços do alumínio, enquanto o desempenho da alta temporada deve limitar o espaço de alta [Revisão Semanal de Preços do Alumínio da SMM]](https://imgqn.smm.cn/usercenter/XLWyP20251217171654.jpg)
![Preços à vista estáveis em todos os mercados, preços de transação fora da China recuam, excedente de oferta e demanda inalterado [Revisão Semanal de Alumina da SMM]](https://imgqn.smm.cn/usercenter/YYogD20251217171650.jpg)
