Primary aluminium social stocks extend decline with limited arrivals

SHANGHAI, Nov 22 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.424 million mt as of Thursday November 22, down some 29,000 mt from a week ago, SMM data showed.

Social warehouses continued to see limited arrivals this week and this accounted for the decline in stocks.

Details:

Wuxi, Jiangsu – 609,000 mt

Shanghai – 342,000 mt

Nanhai, Guangdong – 200,000 mt

Gongyi, Henan – 76,000 mt

Hangzhou, Zhejiang – 97,000 mt

Tianjin – 50,000 mt

Linyi, Shandong – 25,000 mt

Chongqing – 25,000 mt