Primary aluminium inventory extends fall on few arrivals

Published: Aug 16, 2018 11:27

Save

Stocks across eight consumption areas, including SHFE warrants, shrank some 14,000 mt from last Thursday

SHANGHAI, Aug 16 (SMM) – Primary aluminium inventories across major consumption areas in China continued to decrease this week with limited arrivals, SMM learned as of Thursday August 16.

Stocks across eight consumption areas, including SHFE warrants, shrank some 14,000 mt from last Thursday and some 5,000 mt from Monday to stand at 1.761 million mt as of August 16, SMM data showed.

Details are as follows:

Wuxi, Jiangsu – 748,000 mt

Shanghai – 400,000 mt

Nanhai, Guangdong – 240,000 mt

Gongyi, Henan – 150,000 mt

Hangzhou, Zhejiang – 110,000 mt

Tianjin – 61,000 mt

Linyi, Shandong – 26,000 mt

Chongqing – 26,000 mt

Inventory data Aluminium Primary 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

4 hours ago

LME Aluminum Inventory Down 0.56% to 440,300 mt on March 17, Drops 8.56% Over Past Month

[SMM Aluminum Flash News] On March 17, LME aluminum inventory stood at 440,300 mt, down 2,500 mt from the previous day, a decrease of 0.56%; over the past week, LME aluminum inventory decreased by a cumulative 12,100 mt, a drop of 2.66%; over the past month, LME aluminum inventory decreased by a cumulative 41,200 mt, a decline of 8.56%.

4 hours ago

The aluminum ingot market showed a mild recovery, while aluminum billet processing fees remained under pressure [SMM South China Spot Aluminum Daily Review]

4 hours ago

5 hours ago

SHFE Cast Aluminum Alloy Warrants Drop to 53,078 MT, Down 362 MT from Previous Day

[SMM Flash News] SHFE data showed that as of March 17, the total registered volume of cast aluminum alloy warrants was 53,078 mt, a decrease of 362 mt from the previous trading day. By region, the total registered volumes were Shanghai (4,508 mt, down 92 mt), Guangdong (18,792 mt, down 300 mt), Jiangsu (6,818 mt, up 392 mt), Zhejiang (17,338 mt, down 332 mt), Chongqing (4,114 mt, unchanged), and Sichuan (1,508 mt, down 30 mt).

5 hours ago