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- Weak Outflows and Mediocre Performance of Aluminium Inventory : Will September Bring a Breakthrough? [SMM Analysis]
SMM, September 2: Although mid-August saw a turning point in domestic aluminum ingot destocking, the process has not been smooth since late August, and the inventory has yet to fall below 800,000 mt.
Sep 3, 2024 16:22 - Short-term aluminum inventory pressure lingers due to poor outflows from warehouses, but optimism remains for September
After the turning point of domestic aluminium ingot destocking became clear last week, this week’s domestic aluminium ingot inventory performance was disappointing, showing continuous slight accumulation.
Aug 30, 2024 18:06 - Peak Season Approaching? Domestic Aluminium Inventory Falls to Around 800,000 mt [SMM Analysis]
As late August approaches, the turning point for domestic aluminum ingot destocking is becoming apparent.
Aug 20, 2024 10:49 - Aluminium Inventory in Shanghai Bonded Zone Saw Significant Decrease [SMM Data]
On August 15, SMM reported that the aluminium inventory in the Shanghai Bonded Zone was 35,700 mt, and the inventory in the Guangdong Bonded Zone was 4,200 mt, with a total inventory of 39,900 mt, down 3,300 mt WoW.
Aug 19, 2024 11:03 - Aluminum ingot stock released positive signal [SMM analysis]
In the past week, the domestic aluminum ingot inventory showed slight improvement, and the pick-up from warehouses also stabilized.
Aug 13, 2024 14:46 - Spot aluminium prices surged significantly, and cautious buying led to a widening of spot discounts
In the early trading session today, the most-traded SHFE aluminum contract fluctuated downward.
May 30, 2024 13:39