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Home / Metal News / Limited arrivals, preholiday stockpiling extends decline in aluminium inventories

Limited arrivals, preholiday stockpiling extends decline in aluminium inventories

Sep 27, 2018 11:57

Source:SMM

Stocks decreased by some 33,000 mt to stand at 1.59 million mt as of Thursday Sep 27

SHANGHAI, Sep 27 (SMM) – Primary aluminium inventories across major consumption areas in China extended their declines this week as downstream consumers stockpiled ahead of the week-long National Day holiday and as limited materials arrived at the warehouses, SMM research found.

Stocks across eight consumption areas, including SHFE warrants, decreased by some 33,000 mt from a week ago to stand at 1.59 million mt as of Thursday September 27, SMM data showed.

Details:

Wuxi, Jiangsu – 686,000 mt

Shanghai – 363,000 mt

Nanhai, Guangdong – 203,000 mt

Gongyi, Henan – 138,000 mt

Hangzhou, Zhejiang – 93,000 mt

Tianjin – 56,000 mt

Linyi, Shandong – 24,000 mt

Chongqing – 27,000 mt

Inventory data

Aluminium

For queries, please contact William Gu at williamgu@smm.cn

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

This is a roundup of China's metals weekly inventory as of July 2.

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Limited arrivals, preholiday stockpiling extends decline in aluminium inventories

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2024 SMM Middle East Secondary Metal Field Trip

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