Primary aluminium inventories barely changed over weekend

Published: Jan 6, 2020 11:18

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Social inventories across eight consumption areas in China, including SHFE warrants, stood at 610,000 mt as of January 6

SHANGHAI, Jan 6 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 610,000 mt as of Monday January 6, barely changed from last Thursday, showed SMM data.

The stocks increased 18,000 mt in the week ended January 2, indicating that inventories are likely to reverse the months-long decline to trend higher.

Wuxi, Jiangsu – 190,000 mt

Shanghai – 109,000 mt

Nanhai, Guangdong – 131,000 mt

Gongyi, Henan – 53,000 mt

Hangzhou, Zhejiang – 51,000 mt

Tianjin – 56,000 mt

Linyi, Shandong – 6,000 mt

Chongqing –14,000 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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