Aluminum Supply Tightness to Ease in China, SMM expects

Published: Jul 8, 2016 10:44

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Aluminum supply in south and east China will tighten further as transport has been several affected by days of torrential rains, SMM expects.

SHANGHAI, Jul. 8 (SMM) – Aluminum supply tightness in China, caused by transport disruptions from heavy rains, will ease as cargos in transit are about to arrive, SMM expects.

Besides, poor demand in the off-season will slow down inventory declines.

SMM expects aluminum stocks in domestic five major markets to fall slower or even begin growing slightly this week.

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