3-12-2025 China Aluminum Price：CNY 20,910/ MT

SMM A00 aluminum ingot prices recorded at CNY 20,910 /mt, up 200 yuan/mt from the previous trading day. As of March 12, the social inventory of aluminum ingots was 724,500 tons, a decrease of 1,600 tons from the previous trading day. In the short term, destocking in major consumption areas and optimistic expectations for downstream demand are expected to support aluminum prices. Combined with the fact that downstream buyers are still purchasing as needed, spot premiums and discounts may fluctuate.