Recovering consumption extends declines in primary aluminium inventories

Published: Apr 4, 2019 11:36

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Stocks fell some 37,000 mt from a week ago to stand at 1.641 million mt as of Apr 4

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

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.

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