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

Published: Oct 31, 2017 10:40

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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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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