Limited arrivals from Xinjiang lower aluminium inventory

Published: Aug 6, 2018 10:38

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China's inventory of primary aluminium across eight major markets, including SHFE warrants, shrank 5,000 mt from last Thursday

SHANGHAI, Aug 6 (SMM) – China's inventory of primary aluminium across eight major markets, including SHFE warrants, shrank 5,000 mt from Thursday August 2 to stand at 1.776 million mt as of August 6, SMM data showed.

Fewer arrivals from smelters in Xinjiang accounted for the drop. The decline came after an increase of 1,000 mt recorded on August 2, from Monday July 30.

Details are as follows:

Wuxi, Jiangsu – 752,000 mt

Shanghai – 413,000 mt

Nanhai, Guangdong – 237,000 mt

Gongyi, Henan – 158,000 mt

Hangzhou, Zhejiang – 112,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 27,000 mt

Chongqing – 27,000 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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