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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

iconJul 29, 2016 09:48
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 William Gu at williamgu@smm.cn

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

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