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SHANGHAI, Aug 20 (SMM) – Primary aluminium inventories across major consumption areas in China continued their decline over the weekend with limited arrivals and downstream purchases, SMM learned.
Stocks across eight consumption areas, including SHFE warrants, shrank some 20,000 mt from last Thursday to stand at 1.74 million mt as of Monday August 20, SMM data showed.
Details are as follows:
Wuxi, Jiangsu – 739,000 mt
Shanghai – 394,000 mt
Nanhai, Guangdong – 237,000 mt
Gongyi, Henan – 148,000 mt
Hangzhou, Zhejiang – 111,000 mt
Tianjin – 63,000 mt
Linyi, Shandong – 26,000 mt
Chongqing – 23,000 mt
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