Recovering consumption extends declines in primary aluminium stocks-Shanghai Metals Market

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Recovering consumption extends declines in primary aluminium stocks

Data Analysis 11:40:47AM Apr 22, 2019 Source:SMM

SHANGHAI, Apr 22 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.55 million mt as of Monday April 22, down some 39,000 mt from Thursday April 18, SMM data showed.

Continued resumption of downstream demand lowered the stocks. 

Details:

Wuxi, Jiangsu – 561,000 mt

Shanghai – 293,000 mt

Nanhai, Guangdong – 340,000 mt

Gongyi, Henan – 128,000 mt

Hangzhou, Zhejiang – 115,000 mt

Tianjin – 60,000 mt

Linyi, Shandong – 24,000 mt

Chongqing –27,000 mt

Key Words:  Inventory data  Aluminium 

Recovering consumption extends declines in primary aluminium stocks

Data Analysis 11:40:47AM Apr 22, 2019 Source:SMM

SHANGHAI, Apr 22 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.55 million mt as of Monday April 22, down some 39,000 mt from Thursday April 18, SMM data showed.

Continued resumption of downstream demand lowered the stocks. 

Details:

Wuxi, Jiangsu – 561,000 mt

Shanghai – 293,000 mt

Nanhai, Guangdong – 340,000 mt

Gongyi, Henan – 128,000 mt

Hangzhou, Zhejiang – 115,000 mt

Tianjin – 60,000 mt

Linyi, Shandong – 24,000 mt

Chongqing –27,000 mt

Key Words:  Inventory data  Aluminium