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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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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