Electrolytic aluminum inventory and warehouse receipts are at a low level

On June 5, according to Mysteel, the sample data of electrolytic aluminum social inventory has been rapidly destocked for 13 consecutive weeks since the beginning of March. As of June 1, the social inventory of aluminum ingots has reached a nearly seven-year low of 553,000 tons.

Judging from the comparison between inventory and electrolytic aluminum smelting profit, when the inventory is less than 600,000 tons, the profit of electrolytic aluminum has the power to expand.