【Inventories of Aluminum at Two Major Exchanges Show Divergent Trends, Shanghai Aluminum Inventories Hit a New High in Over a Year】LME data showed that on May 23, London aluminum inventories increased to a new high in over two years, and then the inventories began to decline. Last week, inventories continued to fall, with the latest inventory level standing at 960,075 tons, refreshing a two-month low. Data released by the Shanghai Futures Exchange showed that in the week of July 19, Shanghai aluminum inventories continued to rise, with weekly inventories increasing by 1.38% to 265,822 tons, reaching a new high in over a year. (Wenhua Finance News)
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