Aluminium stocks in China still in downward track, SMM says
Aluminium stocks in China’s five major markets are still on the decline even after touching 7-year low, SMM data showed.
Arrivals remained low, and warehouse withdrawals were relatively strong, SMM learned. Some smelters said there are a large amount of ingots still on the way to south and east China.
The table below shows details of aluminium stocks at China’s five major markets:
Unit: 1,000 tonne
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