Greater arrivals grow primary aluminium inventories by 12,000 mt on week

Published: Aug 22, 2019 13:40
Stocks increased by 12,000 mt from a week ago to stand at 1.063 million mt as of Aug 22

SHANGHAI, Aug 22 (SMM) – Social inventories of primary aluminium in China rose for a fourth straight week this week, as some regions saw greater arrivals.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, increased by 12,000 mt from a week ago to stand at 1.063 million mt as of Thursday August 22.

Wuxi, Jiangsu – 321,000 mt

Shanghai – 199,000 mt

Nanhai, Guangdong – 302,000 mt

Gongyi, Henan – 101,000 mt

Hangzhou, Zhejiang – 55,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 13,000 mt

Chongqing –18,000 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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Greater arrivals grow primary aluminium inventories by 12,000 mt on week - Shanghai Metals Market (SMM)