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China Aluminum Stocks See First Fall since Lunar New Year Holiday
Mar 21,2016 09:46CST
industry news
Source:SMM
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

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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