Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / China’s aluminium inventory sets new high

China’s aluminium inventory sets new high

Dec 28, 2017 17:46

Source:SMM

China’s social inventory of refined aluminium including SHFE warrants surged to near-10-year high at 1.76 million mt on Thursday December 28, according to SMM statistics

SHANGHAI, Dec 28 (SMM) - China’s social inventory of refined aluminium including SHFE warrants surged to near-10-year high at 1.76 million mt on Thursday December 28, according to SMM statistics. This was up 22,000 mt from a week ago.

Details are as follows:

Wuxi 751,000 mt

Shanghai 359,000 mt

Nanhai 320,000 mt

Gongyi 141,000 mt

Hangzhou 116,000 mt

Tianjin 53,000 mt

Chongqing 22,000 mt

For news cooperation, please contact us by email: gaotian@smm.cn or service.en@smm.cn.

inventory

aluminium

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM China lead ingot inventory across five major markets totalled 99,800 mt as of Friday April 8, up 400 mt from last Friday April 1 and 500 mt from Wednesday April 6.

Apr 8, 2022 15:14

Analysis

SMM China Lead Ingot Inventory Up 400 mt on Week

China HRC Stocks Up 28,300 mt on Week

The total inventory of HRC across social warehouses and steel makers in China stood at 3.58 million mt as of April 7, up 28,300 mt or 0.8% on the week, a decrease of 0.39% on the year.

Apr 7, 2022 16:20

Analysis

SMM Morning Comments (Mar 2): Base Metals Rose across the Board on Macro support

Shanghai base metals all closed with gains in the overnight trading amid surging energy prices, and their counterparts on LME performed similarly on Wednesday.

Mar 2, 2022 10:03

SMM Comments

SMM Morning Comments (Mar 2): Base Metals Rose across the Board on Macro support

SMM Evening Comments (Feb 28): Shanghai Nonferrous Metals Closed Mixed amid Haunting Uncertainties around Russia-Ukraine Issue

Shanghai nonferrous metals closed mixed. Risk aversion sentiment was still high in light of sanctions from US and European counties on Russia. Nonetheless, it is specially pointed out by US officials that Russia’s oil and natural gas exports will be unaffected, easing the market sentiment to some extent.

Feb 28, 2022 19:00

SMM Comments

SMM Evening Comments (Feb 28): Shanghai Nonferrous Metals Closed Mixed amid Haunting Uncertainties around Russia-Ukraine Issue

Aluminium Ingot Social Inventory Up 90,000 mt on Week

SMM data showed that the aluminium ingot social inventory in China totalled 1.04 million mt as of February 17, 2022, up 90,000 mt from last Thursday February 10.

Feb 17, 2022 11:45

Analysis

Aluminium Ingot Social Inventory Up 90,000 mt on Week

SMM Evening Comments (Feb 11): Shanghai Nonferrous Metals Closed Mixed amid Heightening US Rate Hike Expectation and Better-than-Expected China Economic Readings

Shanghai nonferrous metals closed mixed amid heightening US rate hike expectations on the back of a 40-high US CPI as well as the better-than-expected China economic readings including China RMB loans and M2 money supplies.

Feb 11, 2022 19:00

SMM Comments

SMM Evening Comments (Feb 11): Shanghai Nonferrous Metals Closed Mixed amid Heightening US Rate Hike Expectation and Better-than-Expected China Economic Readings

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

Shanghai base metals mostly closed with gains on Thursday night. LME metals performed similarly on Thursday.

Feb 11, 2022 10:12

SMM Comments

SMM Morning Comments (Feb 11): Base Metals Mostly Closed with Gains amid Higher Inflation

[SMM Review] Aluminium Prices Likely to Be Pressured in the Short Term

LME aluminium demonstrated a V-shaped chart during the Chinese New Year (CNY). Aluminium prices were suppressed by sluggish consumption in China and falling natural gas prices in the Europe.

Feb 7, 2022 11:19

SMM Insight

[SMM Review] Aluminium Prices Likely to Be Pressured in the Short Term

Japan Buyers Agreed to $177/mt Premiums for Liquid Aluminium

According to the Media, the premiums of liquid aluminium scheduled to be shipped to the Japan in January-March have been settled at US$177/mt, down 20% from the previous quarter, mainly because the local spot premiums and overseas prices were both subdued.

Jan 7, 2022 12:01

Industry

Japan Buyers Agreed to $177/mt Premiums for Liquid Aluminium

Aluminium Social Inventories Dropped 23,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 23,000 mt on the week to 776,000 mt as of January 6.

Jan 6, 2022 11:13

Analysis

Aluminium Social Inventories Dropped 23,000 mt on Week

SMM Events & Webinars

All

Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia
Jun
18
- 2024 ASEAN Automotive Supply Chain
  Jun 18 - 19,2024
  Pattaya,Thailand

China’s aluminium inventory sets new high

SMM Events & Webinars

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit

2024 ASEAN Automotive Supply Chain