SHANGHAI, Jun 21 (SMM) – China's inventory of primary aluminium, including SHFE warrants, declined slower on the week as deliveries to warehouses grew slightly while lower aluminium prices affected downstream purchasing interest.
As of June 21, inventories of primary aluminium across eight major consumption areas in China shrank 40,000 mt from last Thursday to stand at 1.88 million mt, SMM data showed. This compared with a drop of 53,000 mt recorded on Thursday June 14.
Details are as follows:
Wuxi, Jiangsu – 795,000 mt
Shanghai – 433,000 mt
Nanhai, Guangdong – 252,000 mt
Gongyi, Henan – 167,000 mt
Hangzhou, Zhejiang – 120,000 mt
Tianjin – 60,000 mt
Linyi, Shandong – 30,000 mt
Chongqing – 27,000 mt
