Inventories of primary aluminium extend increase on week

Published: Jan 2, 2019 11:31

Save

Stocks came in at 1.30 million mt as of Wednesday Jan 2, up 16,000 mt from Thursday Dec 27

SHANGHAI, Jan 2 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.3 million mt as of Wednesday January 2, up 16,000 mt from Thursday December 27, SMM data showed.

This followed after a week-on-week increase of 6,000 mt on Thursday December 27.

Details:

Wuxi, Jiangsu – 523,000 mt

Shanghai – 316,000 mt

Nanhai, Guangdong – 147,000 mt

Gongyi, Henan – 109,000 mt

Hangzhou, Zhejiang – 106,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 24,000 mt

Chongqing – 22,000 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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

51 mins ago

Low Inventory Supports Aluminum Prices to Consolidate at Highs; Peak Season Recovery Pace Awaits Verification [SMM Aluminum Morning Meeting Summary]

[Low inventory supports aluminum prices to consolidate at highs; peak-season recovery pace awaits verification] Overall, aluminum prices are expected to consolidate on a strong note in the short term.

51 mins ago

1 hour ago

ADC12's New High Momentum Slows Down, Aluminum Scrap Follows the Rise [SMM Cast Aluminum Alloy Morning Comment]

[SMM cast aluminum alloy morning comment: ADC12's new high momentum slows down, aluminum scrap follows the rise] Yesterday, the ADC12 market held up well overall, with SMM ADC12 prices rising by 100 yuan/mt from the previous day to 24,450 yuan/mt. The price adjustment momentum mainly came from two aspects: first, cost support strengthened, as raw material prices stayed high and tax invoice policies tightened in some regions, enterprises' overall cost pressure continued to rise; second, demand improved marginally, with market orders recovering somewhat from the earlier period, but the extent was limited, and the demand boost was moderate. Overall, the industry remains in a pattern driven mainly by costs, supplemented by mild demand recovery. Enterprises' willingness to hold prices firm has increased somewhat, but room for further price rises still depends on the actual realization of peak-season demand later on.

1 hour ago

50,000 Tonnes Alumina Traded at $364.5/mt FOB Indonesia for November 2026 Shipment

Alumina transaction: On September 9, 2026, 50,000 tonnes of alumina were transacted at $364.5/mt FOB Indonesia, with November shipment.

1 hour ago