Primary aluminium inventories increased 2,000 mt over weekend

Published: Dec 30, 2019 13:22

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Stocks increased by 2,000 mt from last Thursday December 26 to 594,000 mt as of Monday December 30

SHANGHAI, Dec 30 (SMM) – Social inventories of primary aluminium in China increased over the weekend, SMM data showed, growing the expectations that the stocks will reverse its months-long downturn to trend higher.

Stocks across eight consumption areas in China, including SHFE warrants, increased by 2,000 mt from last Thursday December 26 to 594,000 mt as of Monday December 30.

Wuxi, Jiangsu – 187,000 mt

Shanghai – 110,000 mt

Nanhai, Guangdong – 127,000 mt

Gongyi, Henan – 40,000 mt

Hangzhou, Zhejiang – 52,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 6,000 mt

Chongqing –15,000 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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