09 DECEMBER 2015Shanghai Metal Market
Aluminium stocks in major Chinese markets fall for three consecutive weeks
Edited by : AL CIRCLE
1 min read
Aluminium stocks in China’s five major trading markets fell for three weeks in a row as of December 3 as production cuts begin yielding fruit, SMM understands.
Smelters that used to ship aluminium ingots to major consumption hubs now prefer to ship goods to regions where aluminium capacity was cut on a large scale, SMM has learned. This resulted in lower arrivals into major trading markets.
The table below shows details of aluminium stocks at China’s five major markets:
Smelters that used to ship aluminium ingots to major consumption hubs now prefer to ship goods to regions where aluminium capacity was cut on a large scale, SMM has learned. This resulted in lower arrivals into major trading markets.
The table below shows details of aluminium stocks at China’s five major markets:
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