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

Published: Oct 10, 2019 16:17
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

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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