Primary aluminium inventories extended decline by 50,000 mt on week

Published: Dec 5, 2019 13:16

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Stocks decreased by 50,000 mt from a week ago to 705,000 mt as of Dec 5

SHANGHAI, Dec 5 (SMM) – Social inventories of primary aluminium in China fell faster this week, SMM data showed, due to robust demand.

Stocks across eight consumption areas in China, including SHFE warrants, decreased by 50,000 mt from a week ago to 705,000 mt as of Thursday December 5, after a decline of 44,000 mt in the previous week.

Wuxi, Jiangsu – 216,000 mt

Shanghai – 130,000 mt

Nanhai, Guangdong – 184,000 mt

Gongyi, Henan – 43,000 mt

Hangzhou, Zhejiang – 53,000 mt

Tianjin – 53,000 mt

Linyi, Shandong – 5,000 mt

Chongqing –21,000 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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