SHANGHAI, Jan 16 (SMM) – Aluminium inventories in China rose this week, lifted by greater arrivals and broadly weakening consumption.
SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 20,000 mt in the week ended January 16 to 630,000 mt.
The stocks barely changed in the previous week, after registering an increase of 18,000 mt in the week ended January 2 that snapped a months-long inventory downtrend.
Wuxi, Jiangsu – 201,000 mt
Shanghai – 103,000 mt
Nanhai, Guangdong – 132,000 mt
Gongyi, Henan – 53,000 mt
Hangzhou, Zhejiang – 66,000 mt
Tianjin – 57,000 mt
Linyi, Shandong – 6,000 mt
Chongqing –12,000 mt
