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Home / Metal News / Primary aluminium social stocks fall slower on week

Primary aluminium social stocks fall slower on week

Nov 15, 2018 13:35

Source:SMM

The inventories came in at 1.453 million mt as of Thursday Nov 15, down some 32,000 mt from a week ago

SHANGHAI, Nov 15 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.453 million mt as of Thursday November 15, down some 32,000 mt from a week ago, SMM data showed.

Downstream buyers stockpiled as spot prices dipped on the week, and this depleted inventories. The week-on-week drop stood 8,000 mt lower from the decline last Thursday.

Details:

Wuxi, Jiangsu – 628,000 mt

Shanghai – 341,000 mt

Nanhai, Guangdong – 209,000 mt

Gongyi, Henan – 76,000 mt

Hangzhou, Zhejiang – 99,000 mt

Tianjin – 51,000 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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Primary aluminium social stocks fall slower on week

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