14 NOVEMBER 2016Shanghai Metals Market
China aluminium inventories keep growing as shipments recover
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<p>Aluminium stocks in China’s five major markets have been rising steadily recently thanks to recovering shipments from northwest China, SMM learned.<br /><br />Besides, inflows of imported aluminium and arrivals of domestic aluminium by trucks have also helped ease supply tightness, SMM added. <br /><br />{googleAdsense}<br /><br />It still takes time to digest backlogged aluminium stocks in Xinjiang due to tight rail transport capacity, though, SMM noted.<br /><br />The table below shows details of aluminium stocks at China’s five major markets:<br /><br />Unit: 1,000 tonne<br /><br /><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/China%20aluminium%20stocks(1).jpg" alt="News" width="500" height="115" /></p>
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