Less Aluminum Ingot Were Destocked than Expected and Waited for More Consumption

Published: Nov 13, 2017 15:51

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On Nov 13th, SMM collected the inventory of electrolytic aluminum in different regions of China.

SHANGHAI, Nov 13 (SMM) – On Nov 13^th, SMM collected the inventory of electrolytic aluminum in different regions of China (SHFE inventory included):

Shanghai: 348,000 tons

Wuxi: 665,000 tons

Hangzhou: 93,000 tons

Gongyi: 113,000 tons

Nanhai: 445,000 tons

Tianjin: 53,000 tons

Chongqing: 31,000 tons

Total: 1,748,000 tons (5,000 tons more than last Thursday)

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

Aluminum Destock Consumption

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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