Aluminium inventory shrinks on growing shipments

SHANGHAI, May 10 (SMM) – China's inventory of primary aluminium, including SHFE warrants, shrank to 2.196 million mt as of Thursday May 10 as shipments in Wuxi and Foshan grew, according to SMM data.

This is down 4,000 mt from 2.2 million mt on Wednesday May 2 and down 16,000 mt from 2.21 million mt on Monday May 7.

Details are as follows:

Wuxi, Jiangsu – 887,000 mt

Shanghai – 455,000 mt

Nanhai, Foshan, Guangdong – 393,000 mt

Gongyi, Henan – 203,000 mt

Hangzhou, Zhejiang – 144,000 mt

Tianjin – 58,000 mt

Linyi, Shandong – 32,000 mt

Chongqing – 24,000 mt

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