SHFE Aluminum Inventory
Physical aluminum stocks in SHFE-approved warehouses
About SHFE Aluminum Inventory
SHFE aluminum inventory represents physical aluminum ingots stored in exchange-approved warehouses across China. China produces and consumes more aluminum than any other country, making SHFE stock levels a critical benchmark for the global aluminum market. Government environmental policies and power restrictions can significantly impact smelter output and inventory levels.
Frequently Asked Questions
- How is SHFE aluminum inventory measured?
- SHFE aluminum inventory is measured in metric tons. Aluminum is stored as ingots meeting exchange specifications in SHFE-approved warehouses across China.
- Why is SHFE aluminum inventory important?
- China produces over half the world's aluminum. SHFE aluminum stocks reflect domestic supply-demand balance and are a leading indicator for global aluminum pricing.
- What drives SHFE aluminum inventory changes?
- Seasonal construction demand, smelter production rates, government environmental policies, and export dynamics all influence SHFE aluminum stock levels. Inventory typically builds during slower demand periods and draws down during construction season.