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

11 mins ago

Alba Bahrain Smelter Hit by Iranian Missile and Drone Attack, Two Injured

[SMM Aluminum Express News] Aluminium Bahrain (Alba) confirmed its facility was targeted in an Iranian missile and drone attack on March 28, with two people sustaining minor injuries while damage assessments are ongoing. Alba's smelter had a capacity of 1.6 million tons in 2025 according to its website.

11 mins ago

15 mins ago

Emirates Global Aluminium Reports Damage at Al Taweelah Site After Iranian Attacks

[SMM Aluminum Express News] Emirates Global Aluminium reported significant damage to its Al Taweelah site following Iranian missile and drone attacks at Khalifa Economic Zone Abu Dhabi. Several employees were injured, though none critically, as damage assessments remain ongoing. The smelter produced 1.6 million tonnes in 2025, with the company noting it holds substantial metal inventories both in transit and at overseas locations.

15 mins ago

19 mins ago

Significant Contraction in Global Supply Gives Aluminum Prices Strong Upward Momentum [SMM Aluminum Morning Meeting Summary]

[Significant Global Supply Contraction Gives Aluminum Prices Strong Upward Momentum] Overall, geopolitical tensions in the Middle East remained the core factor affecting the global aluminum market. A series of production cuts and damage incidents at Middle Eastern aluminum plants is expected to provide strong upward momentum for aluminum prices in and outside China, coupled with support from expectations of a gradual release of peak-season demand in China. In the short term, aluminum prices are expected to hold up well.

19 mins ago