SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / China Aluminum Stocks Record Biggest Weekly Growth in Six Years, SMM Reports

China Aluminum Stocks Record Biggest Weekly Growth in Six Years, SMM Reports

iconJul 10, 2017 18:00
Source:SMM
Aluminum ingot stocks in China’s five major markets (Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi) rose for two weeks in a row last week and registered the biggest weekly growth in six years.

SHANGHAI, Jul. 10 (SMM) – Aluminum ingot stocks in China’s five major markets (Shanghai, Wuxi, Nanhai, Hangzhou and Gongyi) rose for two weeks in a row last week and registered the biggest weekly growth in six years.

Total stocks in these five regions increased 20,000 tonnes week-on-week to 1.2 million tonnes as of July 7, SMM statistics showed.

Now Is Not Time to Abandon Aluminum, SMM Advises

Weakening consumption was the main reason behind the increase, SMM explained.

Profit Expands at Chinese Aluminum Smelters, SMM Expects

SMM expects stocks to continue growing, citing weaker consumption and faster new and restarted capacity than closed capacity.

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

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.Research On The Supply Chain Of Aluminum Anti-collision Beams For Automobiles
2.Aluminum Wire Supplier Screening
3.Cost Analysis Of AL Extrusion For Target Units
4.Research On The Sustainable Development Layout Of Key Players(Foil, Roll, Plate)
5.Optimization Of Purchasing Cost For Casting Alloys
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.