Inventories of primary aluminium extend decline during holiday

Published: May 5, 2019 11:40
Stocks dropped 28,000 mt from Apr 29 to stand at 1.44 million mt as of May 5

SHANGHAI, May 5 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 28,000 mt from Monday April 29 to stand at 1.44 million mt as of Sunday May 5, SMM data showed. 

Details:

Wuxi, Jiangsu – 517,000 mt

Shanghai – 284,000 mt

Nanhai, Guangdong – 319,000 mt

Gongyi, Henan – 101,000 mt

Hangzhou, Zhejiang – 117,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 20,000 mt

Chongqing –25,000 mt

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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Inventories of primary aluminium extend decline during holiday - Shanghai Metals Market (SMM)