China’s electrolytic aluminum stock statistics on Aug 3
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Update time : 2020-08-04 21:42:43
According to statistics (including Shanghai Futures Exchange (SHFE) warehouse receipts) on August 3, the stock of electrolytic aluminum was 117,000 tons in Shanghai, 211,000 tons in Wuxi, 96,000 tons in Hangzhou, 32,000 tons in Gongyi, 187,000 tons in the South China Sea, 58,000 tons in Tianjin, 5,000 tons in Linyi, and 3,000 tons in Chongqing.
The aluminum ingot stocks totaled around 709,000 tons, slightly decreasing by 3,000 tons compared to the figure in the previous week, due to fewer arrival in certain consumption regions.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
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