Shanghai Aluminium futures in 4-year low

Stock expansion of international aluminium push Shanghai aluminium futures down to a 4-year low. Crisis of China aluminium industry will continue for the expansion plan of smelting industry in the country.

After soar of exchange stock of UK light metals, Shanghai Metal SAFZ8 fell 1.8% to 15,360 yuan (US$2,255). Aluminium MAL3 in London Metals Exchange up to US$2,510.

Aluminium has stocked 1.36 million tons since mid-August, enough for 13 days consumption for the whole world.

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