Aluminum Stocks Grow Sharply in China Major Markets, SMM Says

SHANGHAI, Jul. 27 (SMM) – Aluminum stocks in China’s five major markets, including SHFE aluminum stocks, continued growing even after hitting near five-year high, SMM statistics showed.

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As of July 27, stocks in Shanghai (278,000 tonnes), Wuxi (535,000 tonnes), Gongyi (88,000 tonnes), Hangzhou (86,000 tonnes) and Nanhai (296,000 tonnes) totaled 1.28 million tonnes, up 26,000 tonnes from a week ago.  

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