According to statistics, China’s aluminum stock in 8 consumption areas (including SHFE warrants) has fallen for four weeks. The decrease was mainly due to strong needs and fewer arrivals of aluminum.
In the week as of April 30th, China’s aluminum stock totaled around 1.2 million tons, dropping by 155,000 compared to the same period of last week.
China’s primary aluminum stock drops w-o-w
5 May 2020 16:23 reported by Joy Liu
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