Metals News
China Aluminum Inventories Keep Growing as Shipments Recover, SMM Reports
industry news
03:55PM
Nov 14,2016
Source:SMM

SHANGHAI, Nov. 14 (SMM) – Aluminum stocks in China’s five major markets have been rising steadily recently thanks to recovering shipments from northwest China, SMM learned.

Besides, inflows of imported aluminum and arrivals of domestic aluminum by trucks have also helped ease supply tightness, SMM added. 

It still takes time to digest backlogged aluminum stocks in Xinjiang due to tight rail transport capacity, though, SMM noted.

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

Unit: 1,000 tonne


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