China Aluminum Stocks See First Fall since Lunar New Year Holiday

Published: Mar 21, 2016 09:46

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Aluminum stocks in China’s five major markets have posted their first decline since the 2016 Chinese Lunar New Year holiday, SMM says.

SHANGHAI, Mar. 21 (SMM) – Aluminum stocks in China’s five major markets have posted their first decline since the 2016 Chinese Lunar New Year holiday, SMM says.

Falling arrivals and stable warehouse withdrawals contributed to the inventory decline, SMM aluminum analyst Liu Xiaolei said.

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

Unit: 1,000 tonne

Date	Shanghai		Wuxi		Hangzhou	Gongyi	Nanhai	Total
Mar. 10		317	292	66		32	221	928
Mar. 17	319		283	71		25	215	913
Change	+2		-9	-5		-7	-6	-15

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China aluminum stocks

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