Declines in primary aluminium inventories continue on week

SHANGHAI, Jun 20 (SMM) – Primary aluminium stocks in China continued to fall this week.

SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, fell 37,000 mt from a week ago to stand at 1.081 million mt as of Thursday June 20, after a drop of 30,000 mt in the week ended June 13.

Wuxi, Jiangsu – 374,000 mt

Shanghai – 211,000 mt

Nanhai, Guangdong – 241,000 mt

Gongyi, Henan – 100,000 mt

Hangzhou, Zhejiang – 72,000 mt

Tianjin – 53,000 mt

Linyi, Shandong – 7,000 mt

Chongqing –23,000 mt