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Home / Metal News / Aluminum Stocks in China Still in Downward Track, SMM Says

Aluminum Stocks in China Still in Downward Track, SMM Says

Jul 29, 2016 01:48

Source:SMM

Aluminum stocks in China’s five major markets are still on the decline even after touching 7-year low, SMM data showed.

SHANGHAI, Jul. 29 (SMM) – Aluminum stocks in China’s five major markets are still on the decline even after touching 7-year low, SMM data showed.

Arrivals remained low, and warehouse withdrawals were relatively strong, SMM learned. Some smelters said there are a large amount of ingots still on the way to south and east China.

Yunnan Aluminum Targets 100% Self-Sufficiency Rate for Alumina by 2020

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

Unit: 1,000 tonne

Date	Shanghai	Wuxi	Nanhai	Hangzhou	Gongyi	Total
Jul. 21	106	77	59	13	19	274
Jul. 28	96	75	50	12	13	246
Change	-10	-2	-9	-1	-6	-28

Chalco Hikes Aluminum Prices Significantly in Major Markets on July 29

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

china aluminum stocks

aluminum prices

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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Dec 27, 2016 09:37

SMM Comments

SHFE Aluminum Ends with Gains (2016-12-27)

China Aluminum Inventories Grow for Three Consecutive Weeks, SMM Reports

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Nov 21, 2016 02:02

Industry

LME Aluminum to See Range-Bound Trading Next Week, SMM Says

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Aug 26, 2016 11:56

SMM Insight

China Aluminum Stocks to Remain at Multi-Year Low in H2 2016, SMM Predicts

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Aug 25, 2016 02:12

Industry

Chalco Continues Raising Aluminum Prices in Major Markets on August 19

China Aluminum International Trading Co. (Chalco Trading) raised aluminum prices it offered in major markets further today, it said on its WeChat.

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Reminder

SHFE Aluminum to Face Short Selling (2016-7-22)

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Jul 22, 2016 01:37

SMM Comments

Heavy Rains Disrupt Production and Railway Transportation, SMM Reports

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Jul 8, 2016 03:56

SMM Insight

LME Aluminum to Move Wildly (2016-7-1)

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Jul 1, 2016 01:22

SMM Comments

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- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
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Aluminum Stocks in China Still in Downward Track, SMM Says

SMM Events & Webinars

CLNB 2025 New Energy Industry Chain Expo

AICE 2025 SMM (20th) Aluminum Industry Conference and Aluminum Industry Expo

2025 (20th) SMM Copper Industry Conference and Expo