Aluminium inventory edges down on demand uptick

Published: Apr 23, 2018 14:30

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China's inventory of aluminium including SHFE warrants dipped slightly to 2.231 million mt as of Monday April 23 as downstream consumption picked up, according to SMM data.

SHANGHAI, Apr 23 (SMM) – China's inventory of aluminium including SHFE warrants dipped slightly to 2.231 million mt as of Monday April 23 as downstream consumption picked up, according to SMM data. This is down 17,000 mt from 2.248 million mt recorded on Thursday April 19.

Details are as follows:

Wuxi, Jiangsu – 910,000 mt

Shanghai – 456,000 mt

Nanhai, Guangdong – 409,000 mt

Gongyi, Henan – 194,000 mt

Hangzhou, Zhejiang – 152,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 34,000 mt

Chongqing – 22,000 mt

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aluminium inventory

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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