Aluminium inventory shrinks over Labour Day holiday

SHANGHAI, May 2 (SMM) – China's inventory of aluminium, including SHFE warrants, shrank to 2.2 million mt as of Wednesday May 2 as limited deliveries arrived over the Labour day holiday and as shipments ahead of the holiday rose, according to SMM data.

This is down 10,000 mt from 2.21 million mt on Thursday April 26.

Details are as follows:

Wuxi, Jiangsu – 897,000 mt

Shanghai – 453,000 mt

Nanhai, Guangdong – 399,000 mt

Gongyi, Henan – 192,000 mt

Hangzhou, Zhejiang – 145,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 34,000 mt

Chongqing – 25,000 mt

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