Metals News
China Aluminum Inventory to Continue Growing on Capacity Expansions, SMM Says
industry news
09:05AM
Sep 22,2015
Source:SMM

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

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China aluminum inventory
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