[SMM Daily Aluminum Billet Inventory in Two Regions]

[SMM Aluminum Alloy Flash] According to SMM statistics, China's social inventory of secondary aluminum alloy ingots decreased by 5,600 mt WoW to 53,100 mt this week, marking the third consecutive weekly decline. From a driving logic perspective, on the supply side, a shortage of invoices forced some enterprises to cut production, leading to a continuous tightening of circulating supply in the market. On the circulation side, trader shipments increased, driven by a combination of factors including a widening spot-futures price spread, downstream restocking on demand, and producers' active buybacks.

According to SMM statistics, as of June 18, China's aluminum ingot inventory in major consumption areas stood at 1.255 million mt, down 35,000 mt from Monday and down 57,000 mt WoW.

According to SMM statistics, on June 18, the aluminum billet inventory in China's major consumption areas stood at 145,500 mt, down 5,500 mt from Monday and down 9,000 mt from last Thursday.