Primary aluminium inventories declined 11,000 mt over weekend

SHANGHAI, Nov 18 (SMM) – Social inventories of primary aluminium in China extended their decline over the weekend, as stocks in Nanhai continued to fall sharply.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 11,000 mt from last Thursday November 14 to 823,000 mt as of Monday November 18.

Wuxi, Jiangsu – 239,000 mt

Shanghai – 141,000 mt

Nanhai, Guangdong – 253,000 mt

Gongyi, Henan – 54,000 mt

Hangzhou, Zhejiang – 55,000 mt

Tianjin – 55,000 mt        

Linyi, Shandong – 5,000 mt

Chongqing –21,000 mt