According to statistics as of November 8, China’s stock of primary aluminum totaled 1.006 million tons, decreasing by 6,000 tons compared to the stock on November 4.
Among them, Foshan’s stock reduced significantly as goods replenishment was driven by lower aluminum prices, which increased the destocking demand.
The stock in Shanghai was 126,000 tons, that in Wuxi was 355,000 tons, that in Foshan was 268,000 tons, that in Gongyi was 89,000 tons, and that in Tianjin was 56,000 tons.
China’s primary aluminum stock statistics on Nov 8
9 Nov 2021 16:05 reported by Joy Liu
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