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Home / Metal News / CNY break grows primary aluminium inventories

CNY break grows primary aluminium inventories

Jan 31, 2019 13:24

Source:SMM

Stocks came in at 1.378 million mt as of Thursday Jan 31, up 75,000 mt from a week earlier

SHANGHAI, Jan 31 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.378 million mt as of Thursday January 31, up 75,000 mt from Thursday January 24, SMM data showed.

Most downstream consumers began their CNY break, which lowered consumption and grew inventories.

Details:

Wuxi, Jiangsu – 513,000 mt

Shanghai – 299,000 mt

Nanhai, Guangdong – 211,000 mt

Gongyi, Henan – 127,000 mt

Hangzhou, Zhejiang – 131,000 mt

Tianjin – 48,000 mt

Linyi, Shandong – 26,000 mt

Chongqing – 23,000 mt

Inventory data

Aluminium

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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Analysis

Lead Ingot Social Inventories Expanded 13,600 mt on Week

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Jul 30, 2021 11:05

Analysis

China Steel Rebar Inventory Down 22,700 mt on Week

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Jul 26, 2021 14:46

Analysis

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

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Jul 23, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 23)

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

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Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

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Jul 19, 2021 18:00

SMM Comments

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Jul 19, 2021 16:36

Industry

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SMM Comments

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CNY break grows primary aluminium inventories

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