28 DECEMBER 2015Shanghai Metal Market
China aluminium stocks fall for six consecutive weeks
Edited by : AL CIRCLE
1 min read
Production cuts and improving demand have allowed aluminium stocks in China’s five major trading markets to fall for six consecutive weeks, SMM learns.
It should be noted, though, that aluminium stocks in major trading markets are likely to fall at a slower pace in the future, SMM aluminium analyst pointed out. Downstream demand has shown signs of softening and more aluminium ingots will flow out of Inner Mongolia into main consumption hubs, the analyst explained.
The table below shows details of aluminium stocks at China’s five major markets:
It should be noted, though, that aluminium stocks in major trading markets are likely to fall at a slower pace in the future, SMM aluminium analyst pointed out. Downstream demand has shown signs of softening and more aluminium ingots will flow out of Inner Mongolia into main consumption hubs, the analyst explained.
The table below shows details of aluminium stocks at China’s five major markets:
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