【London aluminum inventory soars to over two-year high】LME released data showing that on February 28th, London aluminum inventory rose to a one-year high of 591,675 tons, and then the inventory entered a downward trend. In the first four days of last week, the inventory continued to decline, while on Friday, London aluminum inventory nearly doubled to 903,850 tons, a new high since January 2022. Data released by the Shanghai Futures Exchange showed that during the week of May 10th, Shanghai aluminum inventory continued to decline, weekly inventory decreased by 4.89% to 211,698 tons, refreshing a new low of over one month. (Wenhua Finance)
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