Primary aluminium inventories extended decline by 35,000 mt on weekend

SHANGHAI, Dec 2 (SMM) – Social inventories of primary aluminium in China extended their slide over the weekend as demand remained stable in most consumption areas. 

Stocks across eight consumption areas in China, including SHFE warrants, decreased by 35,000 mt from Thursday November 28 to 720,000 mt as of Monday December 2.

Wuxi, Jiangsu – 218,000 mt

Shanghai – 133,000 mt

Nanhai, Guangdong – 197,000 mt

Gongyi, Henan – 43,000 mt

Hangzhou, Zhejiang – 53,000 mt

Tianjin – 52,000 mt       

Linyi, Shandong – 5,000 mt

Chongqing –19,000 mt