Primary aluminium inventories extend declines over weekend

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