SHANGHAI, Dec 3 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.367 million mt as of Monday December 3, down some 19,000 mt from Thursday November 29, SMM data showed.
Social warehouses saw fewer shipments arrive over the weekend as producers cut their output. This mainly accounted for the decline in inventories.
Details:
Wuxi, Jiangsu – 571,000 mt
Shanghai – 338,000 mt
Nanhai, Guangdong – 184,000 mt
Gongyi, Henan – 81,000 mt
Hangzhou, Zhejiang – 95,000 mt
Tianjin – 52,000 mt
Linyi, Shandong – 23,000 mt
Chongqing – 23,000 mt
For queries, please contact Michael Jiang at michaeljiang@smm.cn
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