Primary aluminium inventories shrink 32,000 mt over weekend

Published: Oct 14, 2019 10:51

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Stocks decreased by 32,000 mt from Oct 10 to 945,000 mt as of Oct 14

SHANGHAI, Oct 14 (SMM) – Social inventories of primary aluminium in China resumed the downtrend over the weekend, after an increase in the first week after the National Day holiday.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 32,000 mt from Thursday October 10 to 945,000 mt as of Monday October 14.

Wuxi, Jiangsu – 260,000 mt

Shanghai – 165,000 mt

Nanhai, Guangdong – 304,000 mt

Gongyi, Henan – 82,000 mt

Hangzhou, Zhejiang – 51,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 8,000 mt

Chongqing –21,000 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.

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