Aluminum Ingot Inventory Increased Largely

(China Aluminum Network) Aluminum Ingot inventory increased largely that aluminum price may hard to rise. According to research that as down stream aluminum processing enterprises recovery slowly some aluminum enterprises even with half of operating rate, resulted in mass inventory. From the view of inventory liquidity spot aluminum ingot inventory may increased substantially recently and reached record high. Most of the inventory came from Qingtongxia, Chinalco and HMHJ Aluminum Electricity Company. In terms of the aluminum price trend in first quarter more than 60% industry experts stated high inventory and weak consumption obstacled the rising of aluminum price, around 15800-16300.

Copyright and Exemption Declaration :¢ÙAll articles, pictures and videos that are marked with "China Aluminum Network" on this website are copyright and belong to China Aluminium Network (www.alu.com.cn). When transshipment, any media, website or individual must list the source from "China Aluminium Network (www.alu.com.cn)". We seek legal actions against anyone that disobey this. ¢ÚArticles that marked as copy from others are for transferring more information to readers, do not represent or endorse their opinions or accuracy and reliability. When other media, website or individuals copy from our website, must keep the source. Anyone that changes the articles' sources will hold the responsibilities for copyright and law problems. We also seek legal actions against anyone that disobey this. ¢ÛIf any articles copied by our website concern the copyright and other problems, please contact us within one week.