October 28, 2026 SMM Daily Inventory Data of Aluminum Ingots in Three Regions [SMM Data]

Oct 28 news: As of Oct 28, SMM data showed China's social inventory of aluminum ingots across the three regions at 421,000 mt, up 1,500 mt (+0. 4%) from the previous trading day, marking the second consecutive working day of inventory buildup. By region, Guangdong turned to destocking at 119,000 mt (-1,500 mt), while Wuxi at 172,500 mt (+1,000 mt) and Gongyi at 129,500 mt (+2,000 mt) continued to edge up. Overall, arrivals in east China and central China still saw growth, while cargo pick-up in south China remained relatively stable, with inventory showing regional divergence.