Flash: SHFE aluminium inventory sets new high

Published: Feb 26, 2018 08:54 (GMT+8)
SHFE aluminium inventory jumped to a record high at 811,839 mt as of Friday February 23, SHFE data showed.

SHANGHAI, Feb 26 (SMM) – SHFE aluminium inventory jumped to a record high at 811,839 mt as of Friday February 23, SHFE data showed. The stocks have been rising every week since late June 2017. 

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email 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
Metlen Invests €25M in Greek Aluminum Plant to Boost Scrap Processing Capacity
8 mins ago
Metlen Invests €25M in Greek Aluminum Plant to Boost Scrap Processing Capacity
Read More
Metlen Invests €25M in Greek Aluminum Plant to Boost Scrap Processing Capacity
Metlen Invests €25M in Greek Aluminum Plant to Boost Scrap Processing Capacity
Metlen Energy & Metals PLC is investing €25 million in its secondary aluminum production facility EP.AL.ME. in Greece, aiming to enhance processing capacity and further utilize complex aluminum scrap streams. As Greece's largest independent secondary aluminum producer, Metlen will use this investment to introduce automated sorting, processing, and melting equipment at EP.AL.ME. Upon project completion, the facility will be capable of handling more complex scrap, including post-consumer aluminum recovered from retired products. Metlen expects that once development is fully completed, total production from combined operations will exceed 250,000 mt.
8 mins ago
SHFE aluminum falls, spot aluminum purchasing sentiment improves and premiums rise [SMM Aluminum Spot Midday Review]
14 hours ago
SHFE aluminum falls, spot aluminum purchasing sentiment improves and premiums rise [SMM Aluminum Spot Midday Review]
Read More
SHFE aluminum falls, spot aluminum purchasing sentiment improves and premiums rise [SMM Aluminum Spot Midday Review]
SHFE aluminum falls, spot aluminum purchasing sentiment improves and premiums rise [SMM Aluminum Spot Midday Review]
14 hours ago
LME Aluminum Inventory Dips to 242,100 MT, Down 0.03% Daily, 1.94% Monthly
15 hours ago
LME Aluminum Inventory Dips to 242,100 MT, Down 0.03% Daily, 1.94% Monthly
Read More
LME Aluminum Inventory Dips to 242,100 MT, Down 0.03% Daily, 1.94% Monthly
LME Aluminum Inventory Dips to 242,100 MT, Down 0.03% Daily, 1.94% Monthly
[SMM Aluminum Flash] On September 22, LME aluminum inventory stood at 242,100 mt, down 75 mt from the previous day, a decrease of 0.03%. Over the past week, LME aluminum inventory fell by 1,475.00 mt, a decline of 0.61%. Over the past month, LME aluminum inventory dropped by 4,800.00 mt, a decrease of 1.94%.
15 hours ago