Primary aluminium inventory shrinks over weekend amid arrival delays

Published: Aug 13, 2018 11:38

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Primary aluminium inventories shrank over the weekend on delayed arrivals from north-west China

SHANGHAI, Aug 13 (SMM) – Primary aluminium inventories across major consumption areas in China shrank over the weekend as deliveries from the northwest were delayed, SMM learned as of Monday August 13.

The stocks across eight consumption areas in the country, including SHFE warrants, shrank some 9,000 mt from last Thursday to stand at 1.766 million mt as of August 13, SMM data showed.

Details are as follows:

Wuxi, Jiangsu – 746,000 mt

Shanghai – 409,000 mt

Nanhai, Guangdong – 235,000 mt

Gongyi, Henan – 153,000 mt

Hangzhou, Zhejiang – 112,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 27,000 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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