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Home / Metal News / Sustained consumption lowered primary aluminium inventories by 23,000 mt over weekend

Sustained consumption lowered primary aluminium inventories by 23,000 mt over weekend

Oct 28, 2019 15:13

Source:SMM

Stocks decreased by 23,000 mt from Oct 24 to 859,000 mt as of Oct 28

SHANGHAI, Oct 28 (SMM) – Social inventories of primary aluminium in China continued to fall over the weekend, as consumption remained robust.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 23,000 mt from last Thursday to 859,000 mt as of Monday October 28.

Wuxi, Jiangsu – 234,000 mt

Shanghai – 150,000 mt

Nanhai, Guangdong – 292,000 mt

Gongyi, Henan – 62,000 mt

Hangzhou, Zhejiang – 44,000 mt

Tianjin – 51,000 mt

Linyi, Shandong – 6,000 mt

Chongqing –20,000 mt

Inventory data

Aluminium

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Primary aluminium inventories shrank 18,000 mt on week

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 18,000 mt from last Thursday to 858,000 mt as of July 8.

Jul 8, 2021 15:41

Analysis

Primary aluminium inventories shrank 18,000 mt on week

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SMM Comments

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Primary aluminium inventories shrank 25,000 mt on week

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 25,000 mt on the week to 1.12 million mt as of April 29, and Wuxi mainly contributed to the decline.

Apr 29, 2021 15:36

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Primary aluminium inventories shrank 25,000 mt on week

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Sustained consumption lowered primary aluminium inventories by 23,000 mt over weekend

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