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Aluminum Stocks Fall Sharply in China Major Markets
May 3,2016 10:44CST
industry news
Source:SMM
Aluminum stocks continued falling significantly in China’s five major markets, SMM reports.

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

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China aluminum stocks

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