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Home / Metal News / China Aluminum Inventory to Continue Growing on Capacity Expansions, SMM Says

China Aluminum Inventory to Continue Growing on Capacity Expansions, SMM Says

Sep 22, 2015 09:05

Source:SMM

China’s aluminum stocks will grow further in October after 320,000 tonne year-on-year surge in September, SMM predicts.

SHANGHAI, Sept. 22 (SMM) – China’s aluminum stocks will grow further in October after 320,000 tonne year-on-year surge in September, SMM predicts.

New capacity will come online at faster pace heading into October, the major contributor to inventory growth, SMM’s aluminum research team said. Poor downstream consumption will be another driver.

The surge in September was because new capacity overshadowed production cuts.

The table below shows details of aluminum stocks at China’s five major markets:

QQ截图20150922090650.png

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China aluminum inventory

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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