China’s aluminium inventory climbs further

Published: Jan 2, 2018 14:02
China’s social inventory of aluminium including SHFE warrants climbed further to 1.78 million mt as of January 2, according to SMM statistics.

SHANGHAI, Jan 2 (SMM)- China’s social inventory of aluminium including SHFE warrants climbed further to 1.78 million mt as of January 2, up 19,000 mt from levels seen on December 28, according to SMM statistics.

Details are as follows:

Wuxi 766,000 mt

Shanghai 358,000 mt

Nanhai 318,000 mt

Gongyi 143,000 mt

Hangzhou 117,000 mt

Tianjin 55,000 mt

Chongqing 24,000 mt

 


For editorial queries, please contact Daisy Tseng at daisy@smm.cn 
For more information on how to access our research reports, please email service.en@smm.cn 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Weak Macro Front and Pervasive Risk-Off Sentiment Keep Aluminum Prices Under Pressure at High Levels in the Short Term [SMM Aluminum Price Weekly Review]
10 hours ago
Weak Macro Front and Pervasive Risk-Off Sentiment Keep Aluminum Prices Under Pressure at High Levels in the Short Term [SMM Aluminum Price Weekly Review]
Read More
Weak Macro Front and Pervasive Risk-Off Sentiment Keep Aluminum Prices Under Pressure at High Levels in the Short Term [SMM Aluminum Price Weekly Review]
Weak Macro Front and Pervasive Risk-Off Sentiment Keep Aluminum Prices Under Pressure at High Levels in the Short Term [SMM Aluminum Price Weekly Review]
[SMM Aluminum Price Weekly Review: Weak Macro Conditions Fueled Risk-Off Sentiment, and Aluminum Prices Remained Primarily Under Pressure at High Levels in the Short Term]
10 hours ago
Strong Cost Support Combined With Supply Contraction, Aluminum Fluoride Prices Are Expected to Strengthen Mildly Next Month [SMM Fluoride Salt Weekly Review]
12 hours ago
Strong Cost Support Combined With Supply Contraction, Aluminum Fluoride Prices Are Expected to Strengthen Mildly Next Month [SMM Fluoride Salt Weekly Review]
Read More
Strong Cost Support Combined With Supply Contraction, Aluminum Fluoride Prices Are Expected to Strengthen Mildly Next Month [SMM Fluoride Salt Weekly Review]
Strong Cost Support Combined With Supply Contraction, Aluminum Fluoride Prices Are Expected to Strengthen Mildly Next Month [SMM Fluoride Salt Weekly Review]
12 hours ago
China and Laos Signed an MOU on the Oudomxay AI Green Power Aluminum Project Together
13 hours ago
China and Laos Signed an MOU on the Oudomxay AI Green Power Aluminum Project Together
Read More
China and Laos Signed an MOU on the Oudomxay AI Green Power Aluminum Project Together
China and Laos Signed an MOU on the Oudomxay AI Green Power Aluminum Project Together
Vientiane recently marked a major milestone in China-Laos green industrial cooperation—Krittaphong Group Co., Ltd. and CGN Energy Technology (Laos) Co., Ltd., together with the Ministry of Industry and Commerce of Laos and Oudomxay Province, officially signed a Memorandum of Understanding (MOU) for the Oudomxay AI Green Electricity Eco-Aluminum Industrial Park Project. Tang Danzhong, Deputy General Manager of Guangxi Investment Group, and Lin Rui, Chairman of Electricite du Laos Transmission Company Limited (EDL-T), attended the signing ceremony as witnesses, fully demonstrating all parties’ firm confidence in and full support for the project’s smooth implementation. The project will center on 500,000 mt of aluminum capacity, alongside the supporting development of a 2 million kW clean energy base, and is expected to join hands with Guangxi Investment Group, a core industrial investor, to build a complete eco-industrial base for the entire aluminum industry chain.
13 hours ago
China’s aluminium inventory climbs further - Shanghai Metals Market (SMM)