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Home / Metal News / Primary aluminium inventories extended decline by 17,000 mt on week

Primary aluminium inventories extended decline by 17,000 mt on week

Nov 7, 2019 11:41

Source:SMM

Stocks decreased by 17,000 mt from a week ago to 853,000 mt as of Nov 7

SHANGHAI, Nov 7 (SMM) – Social inventories of primary aluminium in China extended their decline this week, pulled by a sharp decline in Nanhai with limited arrivals.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 17,000 mt from a week ago to 853,000 mt as of Thursday November 7.

Wuxi, Jiangsu – 231,000 mt

Shanghai – 145,000 mt

Nanhai, Guangdong – 279,000 mt

Gongyi, Henan – 58,000 mt

Hangzhou, Zhejiang – 55,000 mt

Tianjin – 53,000 mt

Linyi, Shandong – 6,000 mt

Chongqing –26,000 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port expanded 2,000 mt from the previous week to 42,000 mt as of Friday July 30.

Jul 30, 2021 14:10

Analysis

Silicon Social Inventories Up 2,000 mt on Week

Primary aluminium inventories fell 26,000 mt on week

SMM data showed that China’s social inventories of aluminium across eight consumption areas fell 26,000 mt on the week to 832,000 mt as of June 24, mainly due to the decline in Wuxi and Hainan.

Jul 15, 2021 18:00

Analysis

Primary aluminium inventories fell 26,000 mt on week

Zinc social inventories expanded 1,700 mt over weekend

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 1,700 mt from last Friday July 9 to 122,000 mt as of Monday July 12. The stocks were up 6,200 mt from July 5.

Jul 12, 2021 17:00

Analysis

Zinc social inventories expanded 1,700 mt over weekend

Shanghai bonded copper stocks rose 4,200 mt on week

SMM data showed that the stocks rose 4,200 mt from the prior week to 439,800 mt as of Friday July 9.

Jul 9, 2021 17:53

Analysis

Shanghai bonded copper stocks rose 4,200 mt on week

China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

SMM Evening Comments (Jan 25): Nonferrous metals on the SHFE rose broadly, tin surged 4.09%

SHFE nonferrous metals rose for the most part on Monday January 25. Copper edged up 0.07%, zinc added 0.74%, lead jumped 2.91%, nickel advanced 0.88% and tin surged 4.09%, while aluminium shed 0.17%.

Jan 25, 2021 19:08

SMM Comments

SMM Evening Comments (Jan 25): Nonferrous metals on the SHFE rose broadly, tin surged 4.09%

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

Nonferrous metals on the SHFE were mostly higher on Thursday morning, and their counterparts on the LME rose across the board after stocks on Wall Street sailed to record highs as US President Joe Biden was sworn into office.

Jan 21, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 21): Shanghai base metals were mostly higher after Wall Street surged to records following Biden's inauguration

SMM Evening Comments (Jan 20): Shanghai nonferrous metals were mostly higher, lead firmed 1.58%

Shanghai base metals rose broadly on Wednesday January 20. Copper and zinc added 0.34%, lead rose 1.58%, nickel gained 0.14% and tin climbed 0.24%.

Jan 20, 2021 19:07

SMM Comments

SMM Evening Comments (Jan 20): Shanghai nonferrous metals were mostly higher, lead firmed 1.58%

SMM Morning Comments (Dec 14): Nonferrous metals on the LME advanced across the board, the SHFE complex mixed

LME base metals rose across the board on Monday morning, while their counterparts on the SHFE set for a mixed start.

Dec 14, 2020 10:11

SMM Comments

SMM Morning Comments (Dec 14): Nonferrous metals on the LME advanced across the board, the SHFE complex mixed

SMM Morning Comments (Dec 10): Shanghai base metals were mostly higher, while the LME complex fell for the most part

Nonferrous metals on the SHFE rose for the most part on Thursday morning, holding onto overnight gains, while their counterparts on the LME cruised lower mostly.

Dec 10, 2020 09:55

SMM Comments

SMM Morning Comments (Dec 10): Shanghai base metals were mostly higher, while the LME complex fell for the most part

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Primary aluminium inventories extended decline by 17,000 mt on week

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