Fewer deliveries weigh on aluminium inventory

Published: Jun 19, 2018 10:56

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China's inventory of primary aluminium, including SHFE warrants, extended its declines over the weekend.

SHANGHAI, Jun 19 (SMM) – China's inventory of primary aluminium, including SHFE warrants, extended its declines over the weekend as limited deliveries arrived, SMM learned.

As of Tuesday June 19, inventories of primary aluminium across eight major consumption areas in China shrank 32,000 mt from last Thursday to stand at 1.89 million mt, SMM data showed.

Details are as follows:

Wuxi, Jiangsu – 795,000 mt

Shanghai – 435,000 mt

Nanhai, Guangdong – 255,000 mt

Gongyi, Henan – 171,000 mt

Hangzhou, Zhejiang – 118,000 mt

Tianjin – 62,000 mt

Linyi, Shandong – 31,000 mt

Chongqing – 25,000 mt

Inventory data 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.

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