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Home / Metal News / Aluminium inventory sees largest week-on-week decline in 2018

Aluminium inventory sees largest week-on-week decline in 2018

May 17, 2018 12:49

Source:SMM

China's inventory of primary aluminium, including SHFE warrants, fell 58,000 mt to stand at 2.138 million mt as of Thursday May 17.

SHANGHAI, May 17 (SMM) – China's inventory of primary aluminium, including SHFE warrants, fell 58,000 mt to stand at 2.138 million mt as of Thursday May 17 from 2.196 million mt on Thursday May 10, according to SMM data.

This marked the largest week-on-week decline this year, with relatively low deliveries but stable shipments.

Details are as follows:

Wuxi, Jiangsu – 875,000 mt

Shanghai – 450,000 mt

Nanhai, Guangdong – 368,000 mt

Gongyi, Henan – 199,000 mt

Hangzhou, Zhejiang – 130,000 mt

Tianjin – 61,000 mt

Linyi, Shandong – 29,000 mt

Chongqing – 26,000 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

According to the data released by the London Metal Exchange (LME), LME aluminium's inventory dropped again after a surge of 119,000 mt to 880,975 mt on February 10.

Apr 6, 2022 13:56

Analysis

Inventory of LME Aluminium Dropped to a New Low of More than 16 Years

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SHANGHAI, Mar 29 (SMM) - Due to the low inventory in domestic and overseas markets and the recovery of downstream demand, the profits of aluminium smelters are currently at a historically high level of 5,000 yuan/mt, or even close to 7,000 yuan/mt at some smelters in Xinjiang.

Mar 29, 2022 11:57

Industry

Global Aluminum Inventories Continue to Fall, Aluminum Smelters’ Profits Are at the Best Level in History

Aluminium Social Inventories Dropped 65,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 65,000 mt on the week to 799,000 mt as of December 30.

Dec 30, 2021 15:48

Analysis

Aluminium Social Inventories Dropped 65,000 mt on Week

Aluminium Social Inventories Dropped 46,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 46,000 mt on the week to 864,000 mt as of December 23, mainly contributed by Wuxi and Nanhai.

Dec 23, 2021 15:13

Analysis

Aluminium Social Inventories Dropped 46,000 mt on Week

Aluminium Social Inventories Dropped 6,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 6,000 mt on the week to 1.007 million mt as of November 11, mainly contributed by Nanhai, Shanghai and Gongyi.

Nov 11, 2021 15:16

Analysis

Aluminium Social Inventories Dropped 6,000 mt on Week

Aluminium Social Inventories Rose 25,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas rose 25,000 mt on the week to 982,000 mt as of October 28.

Oct 28, 2021 15:32

Analysis

Aluminium Social Inventories Rose 25,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas rose 25,000 mt on the week to 887,000 mt as of October 14.

Oct 14, 2021 15:53

Analysis

Aluminium Social Inventories Rose 47,000 mt during the National Day Holiday

SMM data showed that China's social inventories of aluminium across eight consumption areas rose 47,000 mt during the National Day holiday to 862,000 mt as of October 8.

Oct 8, 2021 17:50

Analysis

Aluminium Social Inventories Rose 47,000 mt during the National Day Holiday

Aluminium Social Inventories Rose 2,000 mt on Week

SMM data showed that China's social inventories of aluminium across eight consumption areas rose 2,000 mt on the week to 751,000 mt as of September 9.

Sep 9, 2021 15:16

Analysis

Aluminium Social Inventories Rose 2,000 mt on Week

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Aluminium inventory sees largest week-on-week decline in 2018

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