SHANGHAI, Jun 14 (SMM) – China's inventory of primary aluminium, including SHFE warrants, shrank 53,000 mt from last Thursday to stand at 1.92 million mt as of Thursday June 14, SMM data showed.
Despite torrential downpours in Guangdong province during last weekend, overall inventory declined on the week due to fewer deliveries to warehouses in northwest China.
The drop marked a sixth consecutive week of decline.
Details are as follows:
Wuxi, Jiangsu – 801,000 mt
Shanghai – 439,000 mt
Nanhai, Guangdong – 266,000 mt
Gongyi, Henan – 185,000 mt
Hangzhou, Zhejiang – 118,000 mt
Tianjin – 61,000 mt
Linyi, Shandong – 29,000 mt
Chongqing – 25,000 mt