WEEKLY: China's alumina stocks rise above 5 million tonnes
The result marked a 1.3 per cent rise from the prior week and a 33.5 per cent jump from a year ago, setting a fresh record since the survey began in January 2022, Mysteel Global noted.
The persistent inventory build-up was mainly driven by raw material replenishment by domestic primary aluminium smelters. In anticipation of potential transportation disruptions around the Chinese New Year holiday starting in mid-February 2026, some smelters showed a stronger intention to build up their alumina stocks, while several alumina producers and traders accelerated their deliveries of the feed material to ease inventory pressure.
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