Aluminium inventory shrinks as futures dip

Published: Apr 26, 2018 12:15 (GMT+8)

Save

China's inventory of aluminium, including SHFE warrants, shrank to 2.21 million mt as of Thursday April 26 as downstream consumers stockpiled amid a declining market

SHANGHAI, Apr 23 (SMM) – China's inventory of aluminium, including SHFE warrants, shrank to 2.21 million mt as of Thursday April 26 as downstream consumers stockpiled amid a declining market, according to SMM data.

This is down 21,000 mt from 2.231 million mt on Monday April 23 and down 38,000 mt from 2.248 million mt on Thursday April 19.

Details are as follows:

Wuxi, Jiangsu – 899,000 mt

Shanghai – 454,000 mt

Nanhai, Guangdong – 401,000 mt

Gongyi, Henan – 194,000 mt

Hangzhou, Zhejiang – 154,000 mt

Tianjin – 53,000 mt

Linyi, Shandong – 33,000 mt

Chongqing – 22,000 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 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.

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

2 hours ago

Alumina Warrants Rise to 232,800 Tonnes, Driven by Increases in Guangxi and Xinjiang

Warrant Daily Report: On September 29, the total registered volume of alumina warrants stood at 232,800 tonnes, up 1,190 tonnes from the previous trading day. By region, the total registered volume of alumina warrants in Shandong stood at 3,897 tonnes, flat from the previous trading day; Henan stood at 0 tonnes, flat from the previous trading day; Guangxi stood at 49,599 tonnes, up 600 tonnes from the previous trading day; Gansu stood at 24,868 tonnes, flat from the previous trading day; and Xinjiang stood at 154,400 tonnes, up 590 tonnes from the previous trading day.

2 hours ago

SMM Alumina Index Dips Slightly Across Regions on September 29

September 29 SMM Alumina Index: On September 29, the SMM alumina index stood at 2,669.99 yuan/tonne, down 1.36 yuan/tonne from the previous trading day. The SMM Shandong alumina index stood at 2,672.44 yuan/tonne, down 1.09 yuan/tonne from the previous trading day; the SMM Henan alumina index stood at 2,690.00 yuan/tonne, down 2.45 yuan/tonne from the previous trading day; the SMM Shanxi alumina index stood at 2,691.60 yuan/tonne, down 2.46 yuan/tonne from the previous trading day; the SMM Guizhou alumina index stood at 2,701.39 yuan/tonne, down 1.30 yuan/tonne from the previous trading day; and the SMM Guangxi alumina index stood at 2,583.16 yuan/tonne, down 0.86 yuan/tonne from the previous trading day.

2 hours ago

Aluminum Processing PMI Expands in September, Sector Divergence Grows; October Sentiment to Moderate [SMM Analysis]

2 hours ago