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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Secondary Aluminum Alloy Ingot Inventory Rises by 1,009 mt to 29,400 mt Across All Regions
1 hour ago
China's Secondary Aluminum Alloy Ingot Inventory Rises by 1,009 mt to 29,400 mt Across All Regions
Read More
China's Secondary Aluminum Alloy Ingot Inventory Rises by 1,009 mt to 29,400 mt Across All Regions
China's Secondary Aluminum Alloy Ingot Inventory Rises by 1,009 mt to 29,400 mt Across All Regions
[SMM Express] China's mainstream consumption areas saw secondary aluminum alloy ingot inventory increase by 1,009 mt from the previous day to 29,400 mt, with inventory buildup continuing across all regions.
1 hour ago
Domestic and International Aluminum Prices Weakened in Tandem, Market Divergence Narrowed [SMM Aluminum Morning Meeting Minutes]
1 hour ago
Domestic and International Aluminum Prices Weakened in Tandem, Market Divergence Narrowed [SMM Aluminum Morning Meeting Minutes]
Read More
Domestic and International Aluminum Prices Weakened in Tandem, Market Divergence Narrowed [SMM Aluminum Morning Meeting Minutes]
Domestic and International Aluminum Prices Weakened in Tandem, Market Divergence Narrowed [SMM Aluminum Morning Meeting Minutes]
[Domestic and LME Aluminum Prices Weakened in Tandem, Market Divergence Narrowed] Overall, geopolitical risks persisted outside China and the supply landscape tightened, providing fundamental resilience for LME; in China, high inventory combined with weak demand continued to constrain price rises. Recently, domestic and LME aluminum prices weakened in tandem, and the divergence between the two narrowed.
1 hour ago
Futures Plunged, Aluminum Alloy Prices in the Doldrums [SMM Cast Aluminum Alloy Morning Comment]
1 hour ago
Futures Plunged, Aluminum Alloy Prices in the Doldrums [SMM Cast Aluminum Alloy Morning Comment]
Read More
Futures Plunged, Aluminum Alloy Prices in the Doldrums [SMM Cast Aluminum Alloy Morning Comment]
Futures Plunged, Aluminum Alloy Prices in the Doldrums [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Futures Plunged Sharply, Aluminum Alloy Prices in the Doldrums] The aluminum alloy 2606 contract fell sharply in the overnight night session, opening at 23,075 yuan, reaching a high of 23,085 yuan, hitting a low of 22,945 yuan, and closing at 22,990 yuan, down 160 yuan from the previous settlement price, a decline of 0.69%.
1 hour ago
Greater arrivals grow primary aluminium inventories by 12,000 mt on week - Shanghai Metals Market (SMM)