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China Aluminum Stocks Keep Refreshing New Highs, SMM Says
Sep 7,2017 14:58CST
smm insight
Source:SMM
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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