SHFE Aluminium Inventory Hit Four-Month Low, LME Aluminium Inventory Fell to One-Month Low

Data released by the London Metal Exchange (LME) showed that LME aluminum inventory fell last week, with the latest inventory level at 555,200 mt, the lowest in one month. SHFE aluminium inventories have fallen for nine consecutive weeks and fell by 8.93% on a weekly basis to 186,158 mt as of May 19. This is the lowest level in four months.

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