SHANGHAI, Dec 17 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued its decline and stood at 1.28 million mt as of Monday December 17. This shrank some 18,000 mt from Thursday December 13, SMM data showed.
Last Thursday, supply cut at smelters lowered stocks by 57,000 mt on the week.
Details:
Wuxi, Jiangsu – 529,000 mt
Shanghai – 319,000 mt
Nanhai, Guangdong – 156,000 mt
Gongyi, Henan – 71,000 mt
Hangzhou, Zhejiang – 102,000 mt
Tianjin – 55,000 mt
Linyi, Shandong – 26,000 mt
Chongqing – 19,000 mt
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