Home / Metal News / Downstream purchases lower aluminium inventories

Downstream purchases lower aluminium inventories

iconSep 6, 2018 10:45
Source:SMM
As of Thursday Sep 6, stocks across eight consumption areas lost 33,000 mt from last Thursday to stand at 1.714 million mt

SHANGHAI, Sep 6 (SMM) – Primary aluminium inventories across major consumption areas in China shrank on the week as downstream consumers restocked when prices dipped over the week.

As of Thursday September 6, stocks across eight consumption areas, including SHFE warrants, fell by some 33,000 mt from last Thursday to stand at 1.714 million mt, SMM data showed.

Details:

Wuxi, Jiangsu – 718,000 mt

Shanghai – 381,000 mt

Nanhai, Guangdong – 232,000 mt

Gongyi, Henan – 163,000 mt

Hangzhou, Zhejiang – 105,000 mt

Tianjin – 61,000 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Related news