[SMM data] spot inventory of 6063 Aluminum bars in China on October 8, 2019

[SMM 알루미늄 익스프레스] 중국 주요 소비 지역의 2차 알루미늄 합금 잉곳 일일 재고량은 오늘 17,200톤으로, 전 거래일 대비 917톤 감소하며 주간 재고 감소 속도가 빨라졌습니다.

This week, the aluminum processing industry was broadly under pressure from three factors: a deepening off-season, continuously weakening aluminum prices that fueled widespread price-drop sentiment, and shrinking exports. Only a few subsectors such as energy storage provided marginal support. The operating rate is expected to continue its downward trend in the short term.