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China Aluminum Stocks to Exceed 1.8 Million Tonnes in Q1 2018, SMM Predicts  

iconAug 11, 2017 15:40
Source:SMM
Aluminum stocks in China’s five major markets, already at an all-time high, look set to break through 1.8 million tonnes after the 2018 Chinese New Year holiday in Q1, SMM expects.

SHANGHAI, Aug. 11 (SMM) – Aluminum stocks in China’s five major markets, already at an all-time high, look set to break through 1.8 million tonnes after the 2018 Chinese New Year holiday in mid-February, SMM expects.

China Aluminum Stocks Continue Growing Sharply, SMM Says
Aluminum stocks will remain stubbornly high at above 1 million tonnes for the foreseeable future, unless there are large-scale cuts. 

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As of mid-July, new aluminum capacity in Inner Mongolia, Qinghai, Gansu, among other regions, were above 1.5 million tonnes, SMM estimated. 

These new capacities will release output after September this year. 

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

China aluminum stocks

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