4-28-2025 China Aluminum Price：CNY 19,950/Mt

SMM A00 aluminum ingots were reported at CNY19950/Mt, a decrease of CNY 110/Mt from the previous trading day. The social inventory of aluminum in MM was 643000 tons per week, a decrease of 15000 tons compared to the previous period. It is expected that there will be limited room for upward and downward movements before the holiday. As May approaches, downstream consumption will weaken to varying degrees, and it is expected that the rate of inventory decline will slow down, limiting the potential for premium increases.