Shanghai Metals Market
China aluminium inventories keep growing as shipments recover
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Aluminium stocks in China’s five major markets have been rising steadily recently thanks to recovering shipments from northwest China, SMM learned.
Besides, inflows of imported aluminium and arrivals of domestic aluminium by trucks have also helped ease supply tightness, SMM added.
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It still takes time to digest backlogged aluminium stocks in Xinjiang due to tight rail transport capacity, though, SMM noted.
The table below shows details of aluminium stocks at China’s five major markets:
Unit: 1,000 tonne
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