NewsPrimary ALAluminium stocks in China still in downward track, SMM says
Shanghai Metals Market

Aluminium stocks in China still in downward track, SMM says

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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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