China Aluminum Stocks Keep Refreshing New Highs, SMM Says

Published: Sep 7, 2017 14:58

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Aluminum inventories in China’s seven major markets hit a new record high, SMM statistics showed.

SHANGHAI, Sept. 7 (SMM) – Aluminum inventories in China’s seven major markets hit a new record high, SMM statistics showed.

Qujing Aluminum Restarts Idled Capacity after Four Years

Inventories in the seven markets totaled 1.64 million tonnes as of September 7, up another 57,000 tonnes from the level seen on August 31, with details in the table below.

Date	Shanghai	Wuxi	Hangzhou	Nanhai	Gongyi	Tianjin	Chongqing
Sept. 7	295	677	98	376	119	51	25

Unit: 1,000 tonnes

Note: The figure includes SHFE aluminum warrants.

Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says

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