China Aluminum Stocks Continue Growing Sharply, SMM Says

Published: Aug 10, 2017 18:21

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Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing this week to new record highs, SMM statistics showed.

SHANGHAI, Aug. 10 (SMM) – Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing this week to new record highs, SMM statistics showed.

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As of August 10, stocks in Shanghai (275,000 tonnes), Wuxi (589,000 tonnes), Gongyi (94,000 tonnes), Hangzhou (90,000 tonnes) and Nanhai (325,000 tonnes) totaled 1.37 million tonnes, up 39,000 tonnes from a week ago.

Massive Output Cuts Not Enough to Reverse Oversupply in China Aluminum Market, SMM Says

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China aluminum stocks

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