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

Published: Oct 28, 2019 15:13

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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

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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