Shanghai aluminum inventory falls to over one-month low
Data released by the LME shows that in the first four days of last week, aluminum inventory continued to decline. On December 7, the inventory fell to a ten-month low of 442,500 tons, but then rose sharply, with the latest inventory level at 453,225 tons. Data released by the Shanghai Futures Exchange shows that recently, Shanghai aluminum inventory has been fluctuating within a certain range. During the week of December 8, Shanghai aluminum inventory fell, decreasing by 8.22% to 111,869 tons, reaching a new low of over one month.
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