Aluminum Stocks Fall Sharply in China Major Markets-Shanghai Metals Market

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Aluminum Stocks Fall Sharply in China Major Markets

Industry News 10:44:05AM May 03, 2016 Source:SMM

SHANGHAI, May 3 (SMM) – Aluminum stocks continued falling significantly in China’s five major markets, SMM reports.

SMM learned from many warehouses that load-out shipments, though down slightly, were still higher than load-in shipments, allowing stocks to fall steadily. 

SMM expects aluminum stocks in these five regions to continue falling in May.  

LME Aluminum to Find Rising Strength from SHFE Aluminum, SMM Expects

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

Apr. 21

280

190

48

16

145

679

Apr. 28

262

175

48

14

126

625

Change

-18

-15

0

-2

-19

-54

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


Key Words:  China aluminum stocks 

Aluminum Stocks Fall Sharply in China Major Markets

Industry News 10:44:05AM May 03, 2016 Source:SMM

SHANGHAI, May 3 (SMM) – Aluminum stocks continued falling significantly in China’s five major markets, SMM reports.

SMM learned from many warehouses that load-out shipments, though down slightly, were still higher than load-in shipments, allowing stocks to fall steadily. 

SMM expects aluminum stocks in these five regions to continue falling in May.  

LME Aluminum to Find Rising Strength from SHFE Aluminum, SMM Expects

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

Apr. 21

280

190

48

16

145

679

Apr. 28

262

175

48

14

126

625

Change

-18

-15

0

-2

-19

-54

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


Key Words:  China aluminum stocks