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SHANGHAI, May 9 (SMM) – Primary aluminium stocks in China continued to fall this week, due to limited arrivals and strong demand.
SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 33,000 mt from Sunday May 5 to stand at 1.409 million mt as of Thursday May 9.
Details:
Wuxi, Jiangsu – 506,000 mt
Shanghai – 277,000 mt
Nanhai, Guangdong – 310,000 mt
Gongyi, Henan – 99,000 mt
Hangzhou, Zhejiang – 113,000 mt
Tianjin – 57,000 mt
Linyi, Shandong – 18,000 mt
Chongqing –29,000 mt
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