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

Published: Sep 12, 2017 11:46

Save

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.

aluminum price china aluminum inventories

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 to learn 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

45 mins ago

QatarEnergy to Suspend Production of Certain Downstream LNG Products

QatarEnergy announced in a news release on its official website that, after deciding to halt production of liquefied natural gas (LNG) and its related products, the company will also suspend production of certain downstream products within Qatar, specifically including urea, polymers, methanol, and aluminum.

45 mins ago

2 hours ago

Domestic ADC12 Prices Rise by 300 Yuan/mt, Driven by Cost and Steady Demand Recovery

[SMM Aluminum Alloy Daily Review] Domestic ADC12 spot quotes continued to rise, with the mainstream increase reaching 300 yuan/mt. Cost side, supported by raw material prices rising in tandem, the bottom remained solid; demand side, although recovering steadily, downstream enterprises still maintained a just-in-time procurement pace. Driven by the consecutive gains, market sentiment of “rush to buy amid continuous

2 hours ago

SHFE Cast Aluminum Alloy Warrant Volume Down 975 mt to 62,228 mt on March 3

[SMM Flash] SHFE data showed that on March 3, the total registered cast aluminum alloy warrant volume was 62,228 mt, down 975 mt from the previous trading day. Among them, the total registered volume in Shanghai was 6,070 mt, down 90 mt from the previous trading day; Guangdong was 21,089 mt, down 365 mt; Jiangsu was 8,080 mt, down 180 mt; Zhejiang was 21,162 mt, down 240 mt; Chongqing was 4,534 mt, an increase of 0 mt; and Sichuan was 1,293 mt, an increase of 0 mt.

2 hours ago