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

Published: Nov 25, 2019 13:16

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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

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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