05 APRIL 2016Shanghai Metals Market
Aluminium stocks continue falling in China major markets
Edited by : AL CIRCLE
1 min read
Aluminium stocks continued falling significantly in China’s five major markets, SMM says.
More ingots flowed to central and southwest China from northwest China. Smelters in northwest China increased shipment of aluminium liquid, also reducing the amount of ingots available for sale.
It will take about six weeks for aluminium stocks in China’s five major markets to fall to 400,000-500,000 tonnes at current destocking pace, SMM expects.
The table below shows details of aluminium stocks at China’s five major markets:
More ingots flowed to central and southwest China from northwest China. Smelters in northwest China increased shipment of aluminium liquid, also reducing the amount of ingots available for sale.
It will take about six weeks for aluminium stocks in China’s five major markets to fall to 400,000-500,000 tonnes at current destocking pace, SMM expects.
The table below shows details of aluminium stocks at China’s five major markets:
Unlock full access – sign up for FREE.
Key benefits
Find exclusive data-driven insights and in-depth analysis
Get our daily newsletter delivered straight to your inbox
Access real-time and historical price trends from global indices
Post and respond to latest business leads
Stay ahead with alerts on learning tools
...and so much more!SIGN UP / LOGIN
Previous article
SHFE aluminium poised for gains
Next articleUS aluminium smelting industry decline likely to have far-reaching consequences
Grow with
AL Circle
