Aluminum Stocks in China Seven Major Markets Begin to Fall from Peak, SMM Says

Published: Sep 12, 2017 11:46 (GMT+8)
Aluminum stocks in China’s seven major markets began to fall after frequently refreshing record highs, SMM statistics showed.

SHANGHAI, Sept. 12 (SMM) – Aluminum stocks in China’s seven major markets began to fall after frequently refreshing record highs, SMM statistics showed.

New Aluminum Capacity to Partly Fill Supply Gap from Supply-Side Reform? SMM Reports

Details are shown in the table below:

Date

Shanghai

Wuxi

Nanhai

Hangzhou

Gongyi

Tianjin

Chongqing

Total

Sept. 7

295

677

376

98

119

51

25

1641

Sept. 11

297

662

369

90

117

51

23

1609

Change

+2

-15

-7

-8

-2

0

-2

-32


Unit: 1,000 tonnes

Note: The figure includes SHFE aluminum warrants.

Will China Aluminum Inventory Decline Be Sustainable? SMM Reports

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[Aluminum billet inventory consolidates at highs; production cuts in Guangxi and Xinjiang, coupled with falling aluminum prices, lead to regional divergence in processing fees [SMM Analysis]]
7 mins ago
[Aluminum billet inventory consolidates at highs; production cuts in Guangxi and Xinjiang, coupled with falling aluminum prices, lead to regional divergence in processing fees [SMM Analysis]]
Read More
[Aluminum billet inventory consolidates at highs; production cuts in Guangxi and Xinjiang, coupled with falling aluminum prices, lead to regional divergence in processing fees [SMM Analysis]]
[Aluminum billet inventory consolidates at highs; production cuts in Guangxi and Xinjiang, coupled with falling aluminum prices, lead to regional divergence in processing fees [SMM Analysis]]
According to SMM statistics, as of September 30, aluminum billet inventory in major consuming areas in China recorded 149,500 mt, an inventory buildup of 500 mt WoW from last Thursday and a destocking of 5,000 mt from this Monday, with inventory consolidating at highs and basically flat overall.
7 mins ago
【SMM Aluminum Flash News】RUSAL seeks buyers for Windalco after 1.57 Mt of bauxite, 396,000 tonnes of alumina output
10 mins ago
【SMM Aluminum Flash News】RUSAL seeks buyers for Windalco after 1.57 Mt of bauxite, 396,000 tonnes of alumina output
Read More
【SMM Aluminum Flash News】RUSAL seeks buyers for Windalco after 1.57 Mt of bauxite, 396,000 tonnes of alumina output
【SMM Aluminum Flash News】RUSAL seeks buyers for Windalco after 1.57 Mt of bauxite, 396,000 tonnes of alumina output
Russia-based aluminium producer RUSAL is exploring a potential sale of its Windalco bauxite and alumina operations in Jamaica, signalling a possible reshaping of its Caribbean footprint. The reported move also extends to its bauxite interests in Guyana, although both potential transactions remain at an early stage and may not ultimately proceed. Windalco comprises the Ewarton alumina refinery in St Catherine, bauxite mines and the Port Esquivel shipping terminal. According to RUSAL’s 2025 annual report, the Jamaican operation produced 1.565 million tonnes of bauxite and 396,000 tonnes of alumina in 2025. The alumina output represented less than 6 per cent of RUSAL’s total alumina production of 6.858 million tonnes during the year.
10 mins ago
Nanchang Aluminum Billet Processing Fees Jump on September 30
17 mins ago
Nanchang Aluminum Billet Processing Fees Jump on September 30
Read More
Nanchang Aluminum Billet Processing Fees Jump on September 30
Nanchang Aluminum Billet Processing Fees Jump on September 30
On September 30, Nanchang aluminum billet Φ90 was quoted at RMB 24,360/t, with processing fee at RMB 330/t (up RMB 100 from the previous trading day); Φ120 at RMB 24,280/t, with processing fee at RMB 250/t (up RMB 100); Φ178 at RMB 24,280/t, with processing fee at RMB 250/t (up RMB 100). SMM A00 aluminum spot stood at RMB 24,030/t.
17 mins ago