SMM daily inventory data of aluminium ingots in three regions
The image used in this article is generated with an AI tool and does not depict any real-time moment
As of October 22, SMM statistics show that the social inventory of aluminium ingots across the three regions in China stands at the 430,000 tonnes level, continuing to decline from the previous trading day, marking eight consecutive working days of destocking.
By region, Guangdong saw notable destocking, serving as the main source of the decline across the three regions; Wuxi and Gongyi held flat inventories with limited changes.
Overall, downstream cargo pick-up continued after the holiday, with inventories across the three regions steadily being absorbed, providing support for spot premiums. For complete regional inventory data, historical series, and detailed changes, please log in to the SMM data terminal.
Note: This article has been shared by SMM and has been published by AL Circle with its original information without any modifications or edits to the core subject/data.
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