Flash: Aluminium inventory hits record high

Published: Mar 1, 2018 13:41

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China's social inventory of aluminium including SHFE warrants amounted to 2.13 million mt as of Thursday March 1, according to SMM data.

SHANGHAI, Mar 1 (SMM) – China's social inventory of aluminium including SHFE warrants amounted to 2.13 million mt as of Thursday March 1, according to SMM data. This is up from 2.07 million mt recorded on Monday February 26.

Details are as follows:

Wuxi, Jiangsu – 885,000 mt

Shanghai – 417,000 mt

Nanhai, Guangdong – 347,000 mt

Gongyi, Henan – 199,000 mt

Hangzhou, Zhejiang – 159,000 mt

Tianjin – 59,000 mt

Chongqing – 28,000 mt

Linyi, Shandong – 32,000 mt

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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.

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