Aluminum Inventories Surge During Chinese New Year Holiday

February 5 News:

According to SMM statistics, on February 5, the social inventory of aluminum ingots in major domestic consumption areas was 654,000 mt, an increase of 162,000 mt during the Chinese New Year holiday. The aluminum billet inventory in major domestic consumption areas was 275,000 mt, an increase of 51,400 mt during the Chinese New Year holiday.