Primary aluminium inventories shrink 32,000 mt over weekend

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