Primary aluminium inventories extend gains as arrivals remain high

Published: Feb 28, 2019 11:36
Stocks across eight consumption areas in China came in at 1.744 million mt as of Feb 28, up 72,000 mt from a week ago

SHANGHAI, Feb 28 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.744 million mt as of Thursday February 28, up 72,000 mt from Thursday February 21, SMM data showed.

Details:

Wuxi, Jiangsu – 644,000 mt

Shanghai – 310,000 mt

Nanhai, Guangdong – 352,000 mt

Gongyi, Henan – 167,000 mt

Hangzhou, Zhejiang – 150,000 mt

Tianjin – 56,000 mt

Linyi, Shandong – 30,000 mt

Chongqing –35,000 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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