4-9-2025 China Aluminum Price：CNY 19,530/Mt

On April 9, the average price of A00 aluminum was CNY 19,530/Mt. The recessionary trading sentiment brought about by the unexpected tariff policy in the short term is still continuing. The downstream operating rate declined in the peak season and was lower than the same period last year. In addition, the export of aluminum was greatly affected by the tariff, and the demand was not optimistic. The social inventory was in a destocking cycle, lagging behind the same period last year and at a relatively low level in the same period in history.