Greater arrivals grow inventories of primary aluminium over weekend

Published: Feb 25, 2019 11:37
Social inventories across eight consumption areas came in at 1.72 million mt as of Monday Feb 25

SHANGHAI, Feb 25 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.72 million mt as of Monday February 25, up 45,000 mt from Thursday February 21, SMM data showed.

Higher arrivals at warehouses in Foshan of Guangdong province and Gongyi of Henan province expanded overall inventories. 

Details:

Wuxi, Jiangsu – 636,000 mt

Shanghai – 312,000 mt

Nanhai, Guangdong – 340,000 mt

Gongyi, Henan – 157,000 mt

Hangzhou, Zhejiang – 149,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 30,000 mt

Chongqing –36,000 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Greater arrivals grow inventories of primary aluminium over weekend - Shanghai Metals Market (SMM)