China Aluminum Inventories Grow further, SMM Says

Published: Aug 28, 2017 16:50
Aluminum inventories in China’s seven major markets keep growing, SMM statistics showed.

SHANGHAI, Aug. 28 (SMM) – Aluminum inventories in China’s seven major markets keep growing, SMM statistics showed. 

Bulls Watch Out: Aluminum Stocks in China Exceed 1.5 Million Tonnes, SMM Warns

Inventories in the seven markets totaled 1.56 million tonnes as of August 28, up another 29,000 tonnes from the level seen on Aug. 24, with details in the table below.

Date

Shanghai

Wuxi

Hangzhou

Nanhai

Gongyi

Tianjin

Chongqing

Aug. 28

278

644

94

350

119

50

24

Unit: 1,000 tonnes
Note: The figure includes SHFE aluminum warrants.

SMM Analysis of Air Pollution Comprehensive Treatment Action Program in Beijing-Tianjin-Hebei and Surrounding Regions during Autumn and Winter 2017-2018

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