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Home / Metal News / When Will China Aluminum Stocks Peak After Hitting Record High? SMM Reports  

When Will China Aluminum Stocks Peak After Hitting Record High? SMM Reports  

iconAug 7, 2017 15:27
Source:SMM
Aluminum ingot stocks in China’s five major markets have been frequently refreshing record highs over the past month.

SHANGHAI, Aug. 7 (SMM) –Aluminum ingot stocks in China’s five major markets have been frequently refreshing record highs over the past month. When will stocks reach a peak and begin falling back?

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

Capacity cuts have totaled 2 million tonnes, SMM statistics showed. New capacity will not come on stream on a large scale until after September. August is still the off-season. 

SMM Data: China Aluminum Output Jumps in July 

In this context, aluminum stocks should reach a peak in the first half of September, SMM estimates. SMM sees a good chance for aluminum market to destock slightly in Q4 this year.

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 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

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