Primary aluminium inventories fell 12,000 mt over weekend

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