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Aluminum Ingot Stocks Unexpectedly Dropped
- Jun 20, 2017 -

 Aluminum ingot stocks in China’s five major markets, which had been growing steadily, unexpectedly dropped 2,000 tonnes on a weekly basis last week. How ever the decline as temporary and  stocks will  return to growth soon.Low costs and high profit are incentivizing new and restarted capacity. Statistics showed aluminum capacity in operation nationwide has exceeded 38 million tonnes in June. Downstream consumption will soften in July and August due to the traditional off-season.