Primary aluminium inventories extend declines over weekend

Published: Jun 17, 2019 15:59
Stocks fell 30,000 mt from Jun 13 to stand at 1.088 million mt as of Jun 17

SHANGHAI, Jun 17 (SMM) – Primary aluminium stocks in China extended their declines over the weekend.

SMM data showed that social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, fell 30,000 mt from Thursday June 13 to stand at 1.088 million mt as of Monday June 17.

Wuxi, Jiangsu – 382,000 mt

Shanghai – 213,000 mt

Nanhai, Guangdong – 242,000 mt

Gongyi, Henan – 94,000 mt

Hangzhou, Zhejiang – 73,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 7,000 mt

Chongqing –23,000 mt

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

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Primary aluminium inventories extend declines over weekend - Shanghai Metals Market (SMM)