Primary aluminium inventories extended decline by 37,000 mt over weekend

Published: Dec 16, 2019 11:06

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Stocks decreased by 37,000 mt from last Thursday December 12 to 611,000 mt as of Monday December 16

SHANGHAI, Dec 16 (SMM) – Social inventories of primary aluminium in China continued to trend lower over the weekend, SMM data showed, with Guangdong remaining the contributor to more than half of the decline.

Stocks across eight consumption areas in China, including SHFE warrants, decreased by 37,000 mt from last Thursday December 12 to 611,000 mt as of Monday December 16.

Wuxi, Jiangsu – 198,000 mt

Shanghai – 116,000 mt

Nanhai, Guangdong – 136,000 mt

Gongyi, Henan – 36,000 mt

Hangzhou, Zhejiang – 52,000 mt

Tianjin – 52,000 mt

Linyi, Shandong – 5,000 mt

Chongqing –16,000 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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