Primary aluminium inventories shrink 6,000 mt over weekend

SHANGHAI, Jul 8 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, fell 6,000 mt from Thursday July 4 to stand at 1.022 million mt as of Monday July 8, showed SMM data.

During the weekend between June 27 to July 1, stocks dropped 10,000 mt.

Wuxi, Jiangsu – 329,000 mt

Shanghai – 204,000 mt

Nanhai, Guangdong – 231,000 mt

Gongyi, Henan – 105,000 mt

Hangzhou, Zhejiang – 64,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 11,000 mt

Chongqing –23,000 mt