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Home / Metal News / Primary aluminium inventories expand 1,000 mt on week

Primary aluminium inventories expand 1,000 mt on week

Aug 8, 2019 11:06

Source:SMM

Stocks increased by 1,000 mt from a week ago to stand at 1.041 million mt as of Aug 8

SHANGHAI, Aug 8 (SMM) – Social inventories of primary aluminium in China rose for a second straight week this week, as a low consumption season continued.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, increased by 1,000 mt from a week ago to stand at 1.041 million mt as of Thursday August 8.

Wuxi, Jiangsu – 304,000 mt

Shanghai – 202,000 mt

Nanhai, Guangdong – 274,000 mt

Gongyi, Henan – 114,000 mt

Hangzhou, Zhejiang – 56,000 mt

Tianjin – 51,000 mt

Linyi, Shandong – 15,000 mt

Chongqing –25,000 mt

Inventory data

Aluminium

For queries, please contact William Gu at williamgu@smm.cn

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SHFE nonferrous metals broadly closed higher across the board on Monday July 5.

Jul 5, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 5): Shanghai nonferrous metals rose across the board, aluminium advanced 2.97%

SMM Evening Comments (Jun 3): Shanghai nonferrous metals declined for the most part, nickel advanced 0.07%

SHFE nonferrous metals broadly fell on Thursday June 3 as investors reacted to data releases in China.

Jun 3, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 3): Shanghai nonferrous metals declined for the most part, nickel advanced 0.07%

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

Shanghai bonded refined nickel stocks remained unchanged on week

Inventories of refined nickel in the Shanghai bonded areas remained unchanged from a week ago and stood at 20,800 mt as of September 4, showed SMM data.

Sep 4, 2020 17:42

Analysis

Shanghai bonded refined nickel stocks remained unchanged on week

China steel rebar inventory shrank on week in a high season

Inventories of steel rebar across Chinese steelmakers and social warehouses declined in the week ended September 3 as in-plant stocks fell rapidly in a traditional high season.

Sep 4, 2020 15:25

Analysis

China steel rebar inventory shrank on week in a high season

Social inventories of lead ingots dropped larger than expectations

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dropped more than 4,700 mt from the prior week to 31,600 mt in the week ended September 4.

Sep 4, 2020 14:20

Analysis

Social inventories of lead ingots dropped larger than expectations

Silicon social inventories rose 4,000 mt on week

Social inventories of silicon metal in China edged higher this week as producers in Yunnan stepped up operations.

Aug 28, 2020 16:52

Analysis

Silicon social inventories rose 4,000 mt on week

Social inventories of lead ingots dipped 700 mt on week

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin dipped 700 mt from the prior week to 36,400 mt in the week ended August 28.

Aug 28, 2020 13:51

Analysis

Social inventories of lead ingots dipped 700 mt on week

SMM Morning Comments (Aug 4): Shanghai base metals broadly declined

Shanghai base metals were mostly lower on Tuesday, failing to hold onto overnight gains.

Aug 4, 2020 10:27

SMM Comments

SMM Morning Comments (Aug 4): Shanghai base metals broadly declined

Zinc social inventories expanded 6,700 mt from last Friday

Zinc inventories in China increased 6,700 mt over the weekend, and Shanghai and Tianjin were the two major contributors.

Aug 3, 2020 14:14

Analysis

Zinc social inventories expanded 6,700 mt from last Friday

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Primary aluminium inventories expand 1,000 mt on week

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