Improved arrivals slow declines in inventories of primary aluminium

Published: Dec 20, 2018 14:06

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Stocks came in at 1.28 million mt as of Thursday Dec 20, down 15,000 mt from a week ago

SHANGHAI, Dec 20 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.28 million mt as of Thursday December 20, down 15,000 mt from Thursday December 13, SMM data showed.

As social warehouses saw more arrivals this week, the week-over-week decline in stocks was smaller than a 57,000-mt drop in the previous week.

Details:

Wuxi, Jiangsu – 530,000 mt

Shanghai – 318,000 mt

Nanhai, Guangdong – 153,000 mt

Gongyi, Henan – 73,000 mt

Hangzhou, Zhejiang – 103,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 26,000 mt

Chongqing – 20,000 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 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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