Primary aluminium inventories decline 6,000 mt on week

SHANGHAI, Sep 19 (SMM) – Social inventories of primary aluminium in China fell this week for a fourth straight week, as some regions saw more outflows.

This week’s decline in overall inventories, however, was capped by greater arrivals at Wuxi.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 6,000 mt from a week ago to stand at 966,000 mt as of Thursday September 19.

Wuxi, Jiangsu – 297,000 mt

Shanghai – 186,000 mt

Nanhai, Guangdong – 267,000 mt

Gongyi, Henan – 84,000 mt

Hangzhou, Zhejiang – 50,000 mt

Tianjin – 52,000 mt

Linyi, Shandong – 9,000 mt

Chongqing –21,000 mt