Aluminium inventory records slower growth on consumption recovery

Published: Mar 19, 2018 14:33

Save

China's inventory of aluminium including SHFE warrants stood at 2.286 million mt as of Monday March 19.

SHANGHAI, Mar 19 (SMM) – China's inventory of aluminium including SHFE warrants stood at 2.286 million mt as of Monday March 19, according to SMM data. This is up from 2.284 million mt recorded on Thursday March 15.

Details:

Wuxi, Jiangsu – 918,000 mt

Shanghai – 438,000 mt

Nanhai, Guangdong – 437,000 mt

Gongyi, Henan – 205,000 mt

Hangzhou, Zhejiang – 165,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 38,000 mt

Chongqing – 26,000 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

aluminium

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 for 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

3 hours ago

China Aluminum Billet Supply: July Extended the Inertia-Driven Uptrend; Expectations of a Retreat from Highs in August

SMM Aluminum Billet Market: In July, the operating rate of aluminum billet rose 1.1 percentage points MoM to 58.3%, up sharply by 5.2 percentage points YoY. Benefiting from the strong performance of aluminum billet processing fees in Q2...

3 hours ago

11 hours ago

Indonesia’s 7.7-Magnitude Earthquake Had a Relatively Small Impact on the Aluminum Industry Chain, With the Shock Nearly Zero

SMM tracking feedback: The 7.7-magnitude earthquake on Flores Island, Indonesia, had a relatively small impact on the aluminum industry chain. In terms of capacity distribution, bauxite, alumina, and the vast majority of aluminum capacity are concentrated in western Indonesia, generally more than 1,400 km from the epicenter; even the closest aluminum smelter—Sulawesi Morowali Huachin Aluminum—was approximately 624 km away, still outside the 300 km damage radius. Coupled with a tsunami wave height of less than 0.4 meters, the actual supply shock was virtually zero. On the pricing front, it may at most show a short-term sentiment pulse of 0–1%, which is expected to be unwound within 1–3 days, without changing the medium-term trend.

11 hours ago

23 hours ago

Philippine DTI Plans Mandatory Certification for Aluminum Products Ensuring Quality and Safety Standards

According to Philippine media reports on the 12th, the Philippine Department of Trade and Industry (DTI) was planning to push for the establishment of a mandatory certification program for aluminum products that requires local and foreign manufacturing enterprises in the Philippines to obtain official Philippine quality and safety permits in advance and adopts a "one plant, one certificate" certification approach.

23 hours ago