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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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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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 Evening Comments (Jan 25): Nonferrous metals on the SHFE rose broadly, tin surged 4.09%

SHFE nonferrous metals rose for the most part on Monday January 25. Copper edged up 0.07%, zinc added 0.74%, lead jumped 2.91%, nickel advanced 0.88% and tin surged 4.09%, while aluminium shed 0.17%.

Jan 25, 2021 19:08

SMM Comments

SMM Evening Comments (Jan 25): Nonferrous metals on the SHFE rose broadly, tin surged 4.09%

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

Nonferrous metals on the SHFE were mostly higher on Thursday morning, and their counterparts on the LME rose across the board after stocks on Wall Street sailed to record highs as US President Joe Biden was sworn into office.

Jan 21, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

SMM Evening Comments (Jan 20): Shanghai nonferrous metals were mostly higher, lead firmed 1.58%

Shanghai base metals rose broadly on Wednesday January 20. Copper and zinc added 0.34%, lead rose 1.58%, nickel gained 0.14% and tin climbed 0.24%.

Jan 20, 2021 19:07

SMM Comments

SMM Evening Comments (Jan 20): Shanghai nonferrous metals were mostly higher, lead firmed 1.58%

SMM Morning Comments (Dec 14): Nonferrous metals on the LME advanced across the board, the SHFE complex mixed

LME base metals rose across the board on Monday morning, while their counterparts on the SHFE set for a mixed start.

Dec 14, 2020 10:11

SMM Comments

SMM Morning Comments (Dec 14): Nonferrous metals on the LME advanced across the board, the SHFE complex mixed

SMM Morning Comments (Dec 10): Shanghai base metals were mostly higher, while the LME complex fell for the most part

Nonferrous metals on the SHFE rose for the most part on Thursday morning, holding onto overnight gains, while their counterparts on the LME cruised lower mostly.

Dec 10, 2020 09:55

SMM Comments

SMM Morning Comments (Dec 10): Shanghai base metals were mostly higher, while the LME complex fell for the most part

SMM Evening Comments (Dec 7): Shanghai nonferrous metals ended mixed, nickel rose 2.91%

SHFE nonferrous metals closed mixed on Monday November 7. Investor sentiment improved last week around coronavirus vaccine rollouts and U.S. stimulus hopes, which fueled a record-setting session Friday on Wall Street.

Dec 7, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 7): Shanghai nonferrous metals ended mixed, nickel rose 2.91%

SMM Morning Comments (Dec 2): Shanghai base metals mostly declined, the LME complex mixed

Nonferrous metals on the SHFE were mostly lower on Wednesday morning, while their counterparts on the LME set for a mixed start.

Dec 2, 2020 10:16

SMM Comments

SMM Morning Comments (Dec 2): Shanghai base metals mostly declined, the LME complex mixed

SMM Morning Comments (Oct 29): Base metals broadly weakened amid worries about surging COVID-19 cases

Nonferrous metals on the SHFE and LME both fell broadly on Thursday morning, extending losses, as surging global COVID-19 cases triggered more restrictions and stoked concerns about economic recovery.

Oct 29, 2020 10:11

SMM Comments

SMM Morning Comments (Oct 29): Base metals broadly weakened amid worries about surging COVID-19 cases

SMM Morning Comments (Oct 23): Shanghai base metals were mostly lower on dollar bounce-back, stimulus concerns

Shanghai base metals fell for the most part on Friday morning, while their counterparts on the LME set for a mixed start, as the US dollar rebounded and hopes for a US stimulus package before the Nov. election dimmed.

Oct 23, 2020 10:06

SMM Comments

SMM Morning Comments (Oct 23): Shanghai base metals were mostly lower on dollar bounce-back, stimulus concerns

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Inventories of primary aluminium extend decline during holiday

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