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

Published: Aug 31, 2017 17:24

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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

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