Aluminum Material Inventory Basically Kept Flat in Aug.

(China Aluminum Network) Owing to business financial constraint and unstable orders, there were about 60% aluminum material factories’ inventory basically kept flat in Aug., 20% increased and 20% declined.

After enter into second half year, many enterprises suffered financial difficulty. In Aug. enterprises newly added orders still not improved. On the other side, enterprise purchase, payoff and bank repayment all should use spot exchange, while end users prolong their repayment period all the time or support high range acceptance bill, lead to enterprises faced heavier fund pressure.

Lots enterprises’ faced heavier fund pressure than first half year, many medium-sized and small enterprises even cut production and shut down due to financial difficulty. Under the circumstances, aluminum profiles factories all cut material inventory, carried out on-demand procurement, 60% aluminum profiles factories’ material inventory basically kept flat month-to-month.

The material inventory still remains compression space, 20% factories material inventory declined in Aug.

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