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Home / Metal News / Inventories of primary aluminium extend decline during holiday

Inventories of primary aluminium extend decline during holiday

May 5, 2019 11:40

Source:SMM

Stocks dropped 28,000 mt from Apr 29 to stand at 1.44 million mt as of May 5

SHANGHAI, May 5 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 28,000 mt from Monday April 29 to stand at 1.44 million mt as of Sunday May 5, SMM data showed.

Details:

Wuxi, Jiangsu – 517,000 mt

Shanghai – 284,000 mt

Nanhai, Guangdong – 319,000 mt

Gongyi, Henan – 101,000 mt

Hangzhou, Zhejiang – 117,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 20,000 mt

Chongqing –25,000 mt

Inventory data

Aluminium

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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

Shanghai base metals basically went up in the overnight trading after an agreement was reached between democratic and republican parties on Biden’s 579 billion infrastructure plan. LME base metals mostly increased as well.

Jun 25, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Shanghai base metals all went up on Wednesday night as the US June Markit PMI for manufacturing industry registered 62.6. LME base metals all rose as well.

Jun 24, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Zinc social inventories inch up over weekend

Stocks rose 1,600 mt from Aug 2 to stand at 146,000 mt as of Aug 5

Aug 5, 2019 14:35

Analysis

Zinc social inventories inch up over weekend

Supply glut to cap any rebound in prebaked anode prices in H2

Heating-season environmental cuts on carbon mills may only slightly lift prices of prebaked anode after Sep

Aug 2, 2019 18:54

SMM Comments SMM Insight Industry

Supply glut to cap any rebound in prebaked anode prices in H2

Growth in social inventories of rebar slows on week

Production cuts at EAF mills to ease rebar supply pressure in the weeks ahead

Aug 2, 2019 10:39

Analysis Industry SMM Insight

Growth in social inventories of rebar slows on week

Transport ban slows iron ore deliveries from Tangshan ports

Port stocks shrank 800,000 mt from a week ago and stood at 106.3 million mt as of Jul 26

Jul 26, 2019 16:19

Analysis

Transport ban slows iron ore deliveries from Tangshan ports

Limited arrivals, downstream restocking lower zinc social inventories

Stocks decreased by 6,700 mt from Jul 22 to stand at 144,500 mt as of Jul 26

Jul 26, 2019 10:43

Analysis

Limited arrivals, downstream restocking lower zinc social inventories

Lead social inventories continue to grow as supply expands

Stocks rose by over 1,200 mt from a week ago to stand at 35,600 mt as of Jul 5

Jul 5, 2019 17:04

Analysis

Lead social inventories continue to grow as supply expands

Greater arrivals, poor consumption grow aluminium billet stocks

This came after a buildup of 6,000 mt in the previous week

Jul 4, 2019 14:52

Analysis

Greater arrivals, poor consumption grow aluminium billet stocks

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Inventories of primary aluminium extend decline during holiday

SMM Events & Webinars

2025 (20th) SMM Copper Industry Conference and Expo

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR