Primary aluminium inventories extended decline by 44,000 mt on week

Published: Nov 28, 2019 11:38
Stocks decreased 44,000 mt to 755,000 mt this week, after a decline of 35,000 mt in the previous week

SHANGHAI, Nov 28 (SMM) – Social inventories of primary aluminium in China fell faster this week, SMM data showed.

Stocks across eight consumption areas in China, including SHFE warrants, decreased by 44,000 mt from a week ago to 755,000 mt as of Thursday November 28, after a decline of 35,000 mt in the previous week.

Wuxi, Jiangsu – 233,000 mt

Shanghai – 135,000 mt

Nanhai, Guangdong – 215,000 mt

Gongyi, Henan – 43,000 mt

Hangzhou, Zhejiang – 49,000 mt

Tianjin – 53,000 mt       

Linyi, Shandong – 5,000 mt

Chongqing –22,000 mt

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Primary aluminium inventories extended decline by 44,000 mt on week - Shanghai Metals Market (SMM)