Primary aluminium inventories barely changed over weekend

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