Primary aluminium inventories grow 8,000 mt in post-holiday week

Published: Oct 10, 2019 16:17

Save

Stocks increased by 8,000 mt from Oct 8 to 977,000 mt as of Oct 10

SHANGHAI, Oct 10 (SMM) – Social inventories of primary aluminium in China expanded in the first week after the National Day holiday, as cargoes arrived.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, increased by 8,000 mt from Tuesday October 8 to 977,000 mt as of Thursday October 10.

Wuxi, Jiangsu – 274,000 mt

Shanghai – 172,000 mt

Nanhai, Guangdong – 305,000 mt

Gongyi, Henan – 90,000 mt

Hangzhou, Zhejiang – 52,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 8,000 mt

Chongqing –22,000 mt

Inventory data Aluminium

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

22 mins ago

SHFE Aluminum Edged Up After Halting Its Decline, Spot Aluminum Stabilized and Improved [SMM South China Spot Aluminum Daily Review]

22 mins ago

1 hour ago

SHFE Cast Aluminum Alloy Warrants Drop by 2,047 mt to 42,944 mt on March 24

[SMM Flash News] SHFE data showed that as of March 24, the total registered volume of cast aluminum alloy warrants was 42,944 mt, a decrease of 2,047 mt from the previous trading day. By region, the total registered volume was Shanghai (2,755 mt, down 422 mt), Guangdong (17,257 mt, down 210 mt), Jiangsu (4,209 mt, down 813 mt), Zhejiang (13,672 mt, down 483 mt), Chongqing (3,723 mt, down 119 mt), and Sichuan (1,327 mt, increase 0 mt).

1 hour ago

What Could Change if Middle East Aluminum Trade Reroutes—and Supply Becomes Substitutable

Strait of Hormuz disruptions and Iran tensions are driving up aluminum prices and premiums. Aluminium Bahrain and Qatalum have cut output, while feedstock is tight. Rerouting via Port of Sohar or Saudi ports raises costs and delays. Buyers are turning to China, India, Russia, Canada, and scrap to offset risk. Prolonged disruption could reduce Middle East market share and reprice it as higher-risk supply.

1 hour ago