Social inventories of primary aluminium dip further on weekend

Published: Dec 17, 2018 13:39
Stocks stood at 1.28 million mt as of Monday Dec 17, down some 18,000 mt from Thursday Dec 13

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

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.

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