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China Aluminum Stocks Return to Growth After Sharp Decline, SMM Says

iconOct 31, 2017 10:40
Source:SMM
Aluminum stocks in China’s seven major markets rose again as a result of poor downstream consumption after last week’s big fall , SMM statistics showed.

SHANGHAI, Oct. 31 (SMM) – Aluminum stocks in China’s seven major markets rose again as a result of poor downstream consumption after last week’s big fall , SMM statistics showed.

Details are shown in the table below:

Date

Shanghai

Wuxi

Nanhai

Hangzhou

Gongyi

Tianjin

Chongqing

Total

Oct. 26

346

663

423

90

112

56

31

1,721

Oct. 30

349

666

431

89

107

56

30

1,728

Change

3

3

8

-1

-5

0

-1

+7

 

Unit: 1,000 tonnes

Note: The figure includes SHFE aluminum warrants.


 

 

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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