3-11-2025 China Aluminum Price：CNY 20,710/ MT

SMM A00 aluminum ingots were quoted at CNY 20,710/Mt, down CNY 60 /Mt from the previous trading day. On March 11, the aluminum ingot inventory was 726,000 tons, an increase of 800 tons from the previous trading day. In the short term, the inventory in major consumption areas fluctuated slightly, but downstream demand is expected to improve, which will support aluminum prices. Combined with recent downstream on-demand purchases, spot premiums and discounts may fluctuate.