Primary aluminium inventories fall 31,000 mt over weekend

SHANGHAI, Jun 3 (SMM) – Primary aluminium stocks in China continued to fall over the weekend as limited cargoes arrived at social warehouses. Deliveries from warehouses also shrank during the weekend. 

SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 31,000 mt from Thursday May 30 and stood at 1.18 million mt as of Monday June 3. 

Wuxi, Jiangsu – 422,000 mt

Shanghai – 243,000 mt

Nanhai, Guangdong – 251,000 mt

Gongyi, Henan – 88,000 mt

Hangzhou, Zhejiang – 91,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 10,000 mt

Chongqing –22,000 mt