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Home / Metal News / Primary aluminium inventories extended decline by 37,000 mt over weekend

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

Dec 16, 2019 11:06

Source:SMM

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

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 13,600 mt from last Friday July 23 to 172,600 mt as of July 30. This was up 6,500 mt from Monday July 26 and registered a new high since October 2014.

Jul 30, 2021 16:02

Analysis

Lead Ingot Social Inventories Expanded 13,600 mt on Week

China Steel Rebar Inventory Down 22,700 mt on Week

Inventories of rebar across Chinese steelmakers and social warehouses stood at 11.35 million mt as of July 29, down 22,700 mt or 0.20% from a week ago. Stocks are up 1.82% from a year earlier.

Jul 30, 2021 11:05

Analysis

China Steel Rebar Inventory Down 22,700 mt on Week

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin expanded 7,100 mt from last Friday July 23 to 166,100 mt as of July 26. This was up 7,000 mt from Monday July 19 and registered a new high since October 2014.

Jul 26, 2021 14:46

Analysis

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

China weekly inventory summary and data wrap (Jul 23)

This is a roundup of China's metals weekly inventory as of July 23.

Jul 23, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 23)

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Aluminium billet inventories fell 1,200 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 0.9% or 1,200 mt from a week ago to 119,600 mt as of Thursday July 22.

Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

An aluminium plant in Dengfeng stopped production due to heavy rainfall in Henan

Affected by the flood caused by heavy rainfall, an explosion accident occurred in a small aluminium plant in Dengfeng, Henan Province on July 20, and about 40,000 mt of aluminium production capacities were stopped.

Jul 20, 2021 11:53

Industry

An aluminium plant in Dengfeng stopped production due to heavy rainfall in Henan

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

SHFE nonferrous metals closed mixed on Monday July 19 as markets digested the latest OPEC + announcement regarding oil production, and continued to brood on inflation and rising Covid-19 cases.

Jul 19, 2021 18:00

SMM Comments

SMM Evening Comments (Jul 19): Shanghai nonferrous metals ended mixed as investors monitored virus and digested OPEC deal

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

NDRC will continue to follow the deployment of the executive meeting of the State Council, work with relevant departments to strengthen the monitoring and forecast of commodity prices, organise subsequent release of copper, aluminium, zinc and other national reserves, and pay close attention to abnormal market price fluctuations.

Jul 19, 2021 16:36

Industry

NDRC: To further release copper, aluminium, and zinc reserves, strictly penalise price bidding

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

Shanghai base metals all cruised higher on Friday morning after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy. Meanwhile, their counterparts on the LME mostly cruised lower.

Jul 16, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 16): Shanghai base metals rose across the board as jobless claims data helped

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

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NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit