Recovering consumption extends declines in primary aluminium inventories

SHANGHAI, Apr 4 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.641 million mt as of Thursday April 4, down some 37,000 mt from Thursday March 28, SMM data showed.

Primary aluminium inventories declined for three consecutive weeks as consumption continued to recover.

Details:

Wuxi, Jiangsu – 584,000 mt

Shanghai – 294,000 mt

Nanhai, Guangdong – 385,000 mt

Gongyi, Henan – 135,000 mt

Hangzhou, Zhejiang – 124,000 mt

Tianjin – 58,000 mt

Linyi, Shandong – 28,000 mt

Chongqing –33,000 mt