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Home / Metal News / China Aluminum Stocks Surge Again After Hitting All-Time High, SMM Says

China Aluminum Stocks Surge Again After Hitting All-Time High, SMM Says

Aug 3, 2017 15:13

Source:SMM

Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, kept refreshing record highs recently, SMM statistics showed.

SHANGHAI, Aug. 3 (SMM) – Aluminum ingot stocks in China’s five major markets, including SHFE aluminum stocks, kept refreshing record highs recently, SMM statistics showed.

SHFE Aluminum Soars after Much-Higher-than-Expected Cut Rumor at China Hongqiao
As of August 3, stocks in Shanghai (275,000 tonnes), Wuxi (566,000 tonnes), Gongyi (95,000 tonnes), Hangzhou (88,000 tonnes) and Nanhai (310,000 tonnes) totaled 1.33 million tonnes, up 51,000 tonnes from a week ago.

Chalco to Replace 2 Million Tonne Alumina Project with Much Bigger One for Environmental Reason

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China aluminum stocks

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Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade.

Aug 31, 2017 17:24

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Aug 7, 2017 15:27

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Jul 31, 2017 12:26

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Aluminum stocks in China’s major markets remain in the downward track, but this could not be seen as evidence of stronger demand, SMM noted.

Jun 20, 2016 16:42

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Restarted Aluminum Capacity Far from Enough to Fill Supply Gap in China, SMM Reports

Aluminum capacity restarts in China will continue increasing, but far from enough to fill in the supply gap caused by massive closures late last year, SMM understands.

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China Aluminum Stocks See First Fall since Lunar New Year Holiday

Aluminum stocks in China’s five major markets have posted their first decline since the 2016 Chinese Lunar New Year holiday, SMM says.

Mar 21, 2016 09:46

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