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Home / Metal News / Primary aluminium inventories extended decline by 18,000 mt over weekend

Primary aluminium inventories extended decline by 18,000 mt over weekend

Nov 25, 2019 13:16

Source:SMM

Stocks decreased by 18,000 mt from Nov 21 to 781,000 mt as of Nov 25

SHANGHAI, Nov 25 (SMM) – Social inventories of primary aluminium in China extended their decline over the weekend, as stocks in Nanhai, Hangzhou and Gongyi fell sharply.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 18,000 mt from last Thursday November 21 to 781,000 mt as of Monday November 25.

Wuxi, Jiangsu – 240,000 mt

Shanghai – 137,000 mt

Nanhai, Guangdong – 234,000 mt

Gongyi, Henan – 37,000 mt

Hangzhou, Zhejiang – 51,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 5,000 mt

Chongqing –22,000 mt

Inventory data

Aluminium

For queries, please contact William Gu at williamgu@smm.cn

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SHFE nonferrous metals declined broadly on Friday January 22. Copper fell 0.61%, zinc slumped 2.51%, lead shed 0.66% and nickel weakened 1.13%, while aluminium edged up 0.1% and tin rose 1.83%.

Jan 22, 2021 19:11

SMM Comments

SMM Evening Comments (Jan 22): Nonferrous metals on the SHFE fell for the most part, zinc plunged 2.51%

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Nickel ore inventories across all Chinese ports decreased 260,000 wmt from January 15 to 8.61 million wmt as of January 22, showed SMM data.

Jan 22, 2021 16:56

Analysis

Nickel ore inventories at Chinese ports fell 260,000 wmt to 8.61 million wmt

Zinc social inventories shrank 1,100 mt on week

Zinc inventories in China fell this week, with stocks in Shanghai and Tianjin decreasing relatively sharply.

Jan 22, 2021 16:09

Analysis

Zinc social inventories shrank 1,100 mt on week

Shanghai bonded copper stocks added 1,700 mt on week

Stocks of copper in Shanghai bonded areas increased slightly for two consecutive weeks on larger arrivals.

Jan 22, 2021 15:30

Analysis

Shanghai bonded copper stocks added 1,700 mt on week

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

Shanghai base metals traded mixed on Friday morning as traders monitored the European Central Bank's latest meeting and the beginning of Joe Biden's presidency. Meanwhile, their counterparts on the LME also set for a mixed start.

Jan 22, 2021 10:00

SMM Comments

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

SHFE nonferrous metals closed higher across the board on Friday December 25.

Dec 25, 2020 18:00

SMM Comments

SMM Evening Comments (Dec 25): Shanghai nonferrous metals rose across the board for the 2nd day

China HRC inventories continued their falls this week

Inventories of hot-rolled coils of steel sheets used to produce home appliances and cars in China extended declines this week, and the decline expanded slightly compared with the prior week.

Dec 25, 2020 11:31

Analysis

China HRC inventories continued their falls this week

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

A total of 112 vessels carrying 16.8 million mt of iron ore arrived at major Chinese ports during December 13-19, SMM estimates. This was up 2.15 million mt from the previous week and 2.06 million mt from the same period last year. Arrivals at Tangshan port increased one million mt on the week.

Dec 22, 2020 11:09

Analysis

Iron ore arrivals at Chinese ports rose 2.15 million mt on week

Zinc social inventories shrank 500 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Guangdong.

Dec 21, 2020 13:57

Analysis

Zinc social inventories shrank 500 mt over weekend

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

Shanghai base metals and their counterparts on the LME cruised lower for the most part on Monday morning as the US dollar rebounded slightly.

Dec 21, 2020 10:05

SMM Comments

SMM Morning Comments (Dec 21): Base metals on both SHFE and LME fell mostly on dollar bounce-back

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Primary aluminium inventories extended decline by 18,000 mt over weekend

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