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  • Aluminium stocks in China to see turning point soon, SMM expects

  • CATEGORY
    Market
    DATE
    SOURCE
    Shanghai Metals Market
    DETAIL
    Aluminium stocks in China’s five major markets have been falling steadily for months, but a turning point is on the horizon, SMM predicts.

    In fact, the inventory decline has been slowing down in recent weeks, and stocks were down a mere 9,000 tonnes as of July 14, SMM data showed.

    The table below shows details of aluminium stocks at China’s five major markets:

    Unit: 1,000 tonne

    Get fresh Aluminium data and insights