China Aluminum Stocks Grow Sharply, SMM Says

Published: Jul 7, 2017 11:57

Save

Aluminum ingot stocks in China’s five major markets grew as much as 20,000 tonnes as of July 6 compared with a week ago, SMM statistics showed.

SHANGHAI, Jul. 7 (SMM) – Aluminum ingot stocks in China’s five major markets grew as much as 20,000 tonnes as of July 6 compared with a week ago, SMM statistics showed.

SMM Data: China Aluminum Output Grows in June

Total stocks in these five regions were 1.22 million tonnes, including 264,000 tonnes in Shanghai, 490,000 tonnes in Wuxi, 89,000 tonnes in Hangzhou, 79,000 tonnes in Gongyi and 296,000 tonnes in Nanhai.

China Automotive Aluminum Consumption Way Below Forecast

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

China aluminum stocks

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

36 mins ago

Aluminum Rod Output Hits Yearly High, But Market Cautious on Demand Amid Narrowing Price Spread[SMM Analysis]

36 mins ago

48 mins ago

Data: SHFE, DCE market movement (Jun 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 23 Jun , 2026

48 mins ago

50 mins ago

Aluminum Rod Operating Rate Hits New High for the Year, Price Spread Between Chinese and Overseas Markets Narrows Rapidly, Watch Out for Marginal Weakening of Demand [SMM Analysis]

According to SMM statistics, as of June 18, the days of in-factory aluminum rod inventories in China recorded 1.82 days, down 0.84 days from the same period last week (2.66 days on June 12); the inventory ratio fell from 9.28% to 6.87%, a decline of 2.41 percentage points, with inventory levels falling to an extremely low range for the year. During the same period, the comprehensive operating rate of leading aluminum rod enterprises recorded 83.40%, up 1.3 percentage points WoW, climbing for the fourth consecutive week and hitting a new high for the year.

50 mins ago