SHANGHAI, Dec 26 (SMM) – Social inventories of primary aluminium in China continued to trend lower this week, SMM data showed, albeit by a smaller margin as the decline was somewhat offset by gains in the north.
Stocks across eight consumption areas in China, including SHFE warrants, decreased by 12,000 mt in the week ended December 26 to 592,000 mt, after a decline of 44,000 mt in the previous week.
Wuxi, Jiangsu – 191,000 mt
Shanghai – 112,000 mt
Nanhai, Guangdong – 126,000 mt
Gongyi, Henan – 36,000 mt
Hangzhou, Zhejiang – 52,000 mt
Tianjin – 56,000 mt
Linyi, Shandong – 5,000 mt
Chongqing –14,000 mt
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