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

Published: Aug 03, 2017 15:13 (GMT+8)

Save

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

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

11 hours ago

Domestic Aluminum Ingot Accumulation After National Day Holiday Expected to Be Moderate and Controllable

head of the National Day holiday, domestic aluminum ingot inventories continued to set fresh year-to-date lows. According to SMM statistics, as of September 30, electrolytic aluminum ingot inventories in China's major consuming regions stood at 638,000 mt, down 36,000 mt from Monday and 40,000 mt from last Thursday. The pace of pre-holiday destocking was relatively fast overall, leaving ample buffer for inventory accumulation during the holiday...

11 hours ago

China's Petroleum Coke Imports Surge in August 2026, US Dominates Market

Looking ahead, the boost to imports from stockpiling in advance for the September-October peak season has already materialized, and with rising freight costs and recovering domestic supply, imports are expected to pull back in September-October.

11 hours ago

South China A00 Aluminum Ingot Premium Expected to Ease from Highs After National Day Holiday

In the final three trading days before the National Day holiday, the South China spot market stayed soft: aluminum prices continued to edge lower, the SHFE aluminum backwardation structure strengthened, and premiums over the next-month and far-month contracts were actually elevated. Ahead of the holiday, the willingness to cash out at the high basis was strong, and amid ongoing destocking, discount-priced cargoes still dominated spot circulation;...

11 hours ago