Primary aluminium social stocks extend decline amid fewer arrivals

Published: Nov 8, 2018 10:49

Save

Social inventories of primary aluminium came in at 1.485 million mt as of Thursday Nov 8, down some 40,000 mt from a week ago

SHANGHAI, Nov 8 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.485 million mt as of Thursday November 8, down some 40,000 mt from Thursday November 1, SMM data showed.

SMM believes that fewer arrivals accounted for the extended decline in social inventories.

Details:

Wuxi, Jiangsu – 643,000 mt

Shanghai – 341,000 mt

Nanhai, Guangdong – 220,000 mt

Gongyi, Henan – 78,000 mt

Hangzhou, Zhejiang – 98,000 mt

Tianjin – 56,000 mt

Linyi, Shandong – 25,000 mt

Chongqing – 24,000 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

37 mins ago

Hydro Energi Secures 1.75 TWh Renewable Power Deal with Alpiq for Low-Carbon Aluminium Production

[SMM Aluminum News Express] Hydro Energi AS has signed a long-term PPA with Alpiq, securing 219 GWh of renewable power annually from 2031 to 2038 in Norway’s NO3 price area, totaling 1.75 TWh. The deal supports Hydro’s low-carbon aluminium production—around 75% below the global average—and aligns with its strategy to combine PPAs, new renewable investments, and upgrades to its own power assets to reach net-zero emissions by 2050.

37 mins ago

57 mins ago

Philippines Suspends Spot Electricity Sales Amid National Energy Emergency Due to Middle East Conflict

[SMM Aluminum Express News] The Philippines has suspended spot electricity sales until further notice after declaring a national energy emergency due to fuel supply risks and price volatility triggered by the Middle East conflict. Authorities aim to curb a projected 16% surge in power prices, shifting to a temporary pricing system while prioritizing renewables and conserving fuel inventories.

57 mins ago

59 mins ago

Data: SHFE, DCE market movement (Mar 26)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar , 2026

59 mins ago