Improved consumption further lowers aluminium inventories

Published: Sep 20, 2018 10:47

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Stocks decreased by some 53,000 mt from a week ago to stand at 1.623 million mt as of Thursday Sep 20

SHANGHAI, Sep 20 (SMM) – Primary aluminium inventories across major consumption areas in China extended weekend losses this week as consumption improved, SMM research found.

Stocks across eight consumption areas, including SHFE warrants, decreased by some 53,000 mt from Thursday September 13 to stand at 1.623 million mt as of Thursday September 20, SMM data showed.

Details:

Wuxi, Jiangsu – 699,000 mt

Shanghai – 371,000 mt

Nanhai, Guangdong – 205,000 mt

Gongyi, Henan – 147,000 mt

Hangzhou, Zhejiang – 92,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 25,000 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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