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China Aluminum Stocks Return To Growth
- Jul 05, 2017 -

Aluminum ingot stocks in China's five major markets   returned to growth last week after falling for two weeks in a row.

Total stocks in these five regions increased 10,000 tonnes week-on-week to 1.2 million tonnes as of June 30, SMM statistics showed.The softening downstream consumption contributes to the increase There will be further increase in aluminum stocks in July, citing growing supply and weakening demand.

However the aluminum price is till in up trend.

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