【Inventory Divergence of Aluminum in Shanghai and London Markets: Shanghai Aluminum Inventory Hits Over-One-Year High】According to the data released by LME, the London aluminum inventory reached a more than two-year high on May 23rd, and then entered a smoother downward trend, with the inventory continuing to decline last week. The latest inventory level stands at 925,625 tonnes, marking a two-and-a-half-month low. Data published by the Shanghai Futures Exchange shows that during the week of August 2nd, the aluminum inventory in Shanghai rebounded, with weekly inventory increasing by 3.8% to 274,193 tonnes, reaching a more than one-year high. (Wenhua Finance News)
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