【SMM Flash News】Aluminum Water Proportion Rises by 1.7 Percentage Points in April

Published: Apr 30, 2026 15:37

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SMM News, April 30:

According to SMM statistics, China's primary aluminum output in April 2026 (30 days) rose 1.7% year-on-year and fell 2.9% month-on-month.

Driven by peak seasonal demand and improved consumption of aluminum sheet, strip, foil and aluminum cables & wires, the domestic aluminum water proportion edged up overall in the month, climbing 1.7 percentage points month-on-month to 75.3%, slightly lower than early-month expectations. The main drag came from a sharper-than-expected decline in profile orders. Calculated based on SMM aluminum water proportion data, domestic primary aluminum ingot output in April dropped 3.4% year-on-year and 9.0% month-on-month.

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