Home / Metal News / Aluminum Stocks in China Fall for Two Consecutive Weeks, SMM Reports 

Aluminum Stocks in China Fall for Two Consecutive Weeks, SMM Reports 

iconMay 2, 2017 13:49
Source:SMM
Aluminum ingot stocks in China’s five major markets, Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi, have been falling for two weeks in a row, down 12,000 tonnes on a weekly basis to 1.21 million tonnes,

SHANGHAI, May 2 (SMM) – Aluminum ingot stocks in China’s five major markets, Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi, have been falling for two weeks in a row, down 12,000 tonnes on a weekly basis to 1.21 million tonnes, SMM statistics showed.

Smelters in northwest China reported lower output of aluminum ingot due to improving consumption of aluminum liquid there. This is the main reason behind overall inventory decline, SMM explained.

Aluminum Prices to Struggle Around Moving Averages This Week, SMM Foresees

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

China aluminum stocks

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

Related news
    timeFeb 22, 2022 15:05
    timeFeb 22, 2022 13:07
    timeFeb 22, 2022 12:00
    timeFeb 22, 2022 12:04
    timeFeb 22, 2022 11:57
    timeFeb 22, 2022 11:57
    timeFeb 22, 2022 11:48
    timeFeb 22, 2022 11:38
    timeFeb 22, 2022 11:10
    timeFeb 22, 2022 16:10