China Aluminum Stocks Return to Declines on Transport Disruptions, SMM Says

Sep 26, 2016 15:56

Source:SMM

Aluminum stocks in China’s five major markets stopped growing and began falling sharply instead as new policy disrupted shipments, SMM learned.

SHANGHAI, Sep. 26 (SMM) – Aluminum stocks in China’s five major markets stopped growing and began falling sharply instead as new policy disrupted shipments, SMM learned.

Crackdowns on vehicle overloading on highways have tightened railway transport, affecting arrivals into major consumption hubs in south and east parts of the country, SMM explained.

Shipments from Xinjiang are unlikely to pick up anytime soon, SMM expects.

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

Unit: 1,000 tonne

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China aluminum inventory

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China Aluminum Stocks Return to Declines on Transport Disruptions, SMM Says

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