SHANGHAI, Nov 1 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.525 million mt as of Thursday November 1, down some 13,000 mt from Thursday October 25, SMM data showed.
Weaker downstream consumption of molten aluminium grew ingot supplies, and this extended the decline in social inventories.
Stocks lost some 45,000 mt from Thursday October 18, to stand at 1.538 million mt as of Thursday October 25, SMM data showed.
Details:
Wuxi, Jiangsu – 659,000 mt
Shanghai – 346,000 mt
Nanhai, Guangdong – 227,000 mt
Gongyi, Henan – 95,000 mt
Hangzhou, Zhejiang – 97,000 mt
Tianjin – 56,000 mt
Linyi, Shandong – 23,000 mt
Chongqing – 22,000 mt
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