SHANGHAI, Dec 19 (SMM) – Social inventories of primary aluminium in China continued to trend lower this week, SMM data showed, with Guangdong contributing to more than half of the decline.
Stocks across eight consumption areas in China, including SHFE warrants, decreased by 44,000 mt to 604,000 mt in the week ended December 19, after a decline of 57,000 mt in the previous week.
Wuxi, Jiangsu – 193,000 mt
Shanghai – 119,000 mt
Nanhai, Guangdong – 131,000 mt
Gongyi, Henan – 29,000 mt
Hangzhou, Zhejiang – 54,000 mt
Tianjin – 54,000 mt
Linyi, Shandong – 5,000 mt
Chongqing –19,000 mt
