Primary aluminium inventories fell 12,000 mt over weekend

Published: Nov 4, 2019 10:59

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Stocks decreased by 12,000 mt from Oct 31 to 858,000 mt as of Nov 4

SHANGHAI, Nov 4 (SMM) – Social inventories of primary aluminium in China continued to fall over the weekend, but the decline was smaller than the previous weekend.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 12,000 mt from last Thursday to 858,000 mt as of Monday November 4.

Over the previous weekend between October 24-28, the stocks declined 23,000 mt.

Wuxi, Jiangsu – 230,000 mt

Shanghai – 147,000 mt

Nanhai, Guangdong – 291,000 mt

Gongyi, Henan – 59,000 mt

Hangzhou, Zhejiang – 52,000 mt

Tianjin – 53,000 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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