Domestic Aluminum Ingot Inventories Decline Post-Holiday, Signaling End to Accumulation Trend

게시됨: Oct 14, 2024 14:41
How did domestic aluminum ingot inventories perform in the first week after the holiday? According to SMM statistics, as of October 14, 2024, the social inventory of domestic electrolytic aluminum ingots reached 656,000 tons, and the domestic circulatable electrolytic aluminum inventory was 530,000 tons, a decrease of 21,000 tons from the previous Thursday. During the week after the holiday, a total of 28,000 tons of inventory reduction occurred; compared to pre-National Day inventories, there has been a decrease of 2,000 tons. In other words, with the accumulation during the National Day holiday having been fully consumed, the aluminum ingot accumulation trend in the first half of October has come to an end. ...

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How did domestic aluminum ingot inventories perform in the first week - Shanghai Metals Market (SMM)