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Home / Metal News / China Aluminum Stocks Refresh Nearly 10-Year High, SMM Says

China Aluminum Stocks Refresh Nearly 10-Year High, SMM Says

iconAug 31, 2017 17:24
Source:SMM
Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade.

SHANGHAI, Aug. 31 (SMM) – Aluminum ingot stocks in China’s seven major markets have been growing steadily to new highs in nearly a decade.

LME Base Metals Inventories (2017-8-31)

SMM statistics showed stocks totaled 1.58 million tonnes on August 31, up almost 250,000 tonnes or 18.4% from the end of July.  

Macquarie Raises Iron Ore and Aluminum Price Forecasts on China Demand

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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.

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