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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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 13,600 mt from last Friday July 23 to 172,600 mt as of July 30. This was up 6,500 mt from Monday July 26 and registered a new high since October 2014.

Jul 30, 2021 16:02

Analysis

Lead Ingot Social Inventories Expanded 13,600 mt on Week

China Steel Rebar Inventory Down 22,700 mt on Week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.35 million mt as of July 29, down 22,700 mt or 0.20% from a week ago. Stocks are up 1.82% from a year earlier.

Jul 30, 2021 11:05

Analysis

China Steel Rebar Inventory Down 22,700 mt on Week

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 7,100 mt from last Friday July 23 to 166,100 mt as of July 26. This was up 7,000 mt from Monday July 19 and registered a new high since October 2014.

Jul 26, 2021 14:46

Analysis

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

China weekly inventory summary and data wrap (Jul 23)

This is a roundup of China's metals weekly inventory as of July 23.

Jul 23, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 23)

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Aluminium billet inventories fell 1,200 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 0.9% or 1,200 mt from a week ago to 119,600 mt as of Thursday July 22.

Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

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Jul 19, 2021 18:00

SMM Comments

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Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

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Jul 16, 2021 18:37

SMM Comments

SMM Evening Comments (Jul 16): Shanghai nonferrous metals rose across the board amid wider power curtailment

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Jul 15, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 15): Shanghai base metals were mixed as traders digested inflation data, Fed comments

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

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2nd Li-ion Battery Europe 2024

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