SHANGHAI, Apr 29 (SMM) – Primary aluminium stocks in China continued to fall over the weekend, as buyers stockpiled for the upcoming Labour Day holiday and as limited cargoes arrived.
SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 43,000 mt from Thursday April 25 to stand at 1.47 million mt as of Monday April 29.
Details:
Wuxi, Jiangsu – 532,000 mt
Shanghai – 285,000 mt
Nanhai, Guangdong – 323,000 mt
Gongyi, Henan – 107,000 mt
Hangzhou, Zhejiang – 115,000 mt
Tianjin – 58,000 mt
Linyi, Shandong – 22,000 mt
Chongqing –28,000 mt
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