Primary aluminium inventories fell 32,000 mt on week

SHANGHAI, Jun 24 (SMM) – Primary aluminium ingot inventories in China continued to trend lower ahead of the Dragon Boat Festival holiday which begins on Thursday, showed SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 32,000 mt from last Thursday June 18 to 722,000 mt as of Wednesday June 24, following a decline of 33,000 mt in the previous week.