Primary aluminium inventories rose 61,000 mt in the week after CNY holiday

Published: Feb 6, 2020 11:47

Save

Stocks increased 61,000 mt from Monday February 3 to 945,000 mt as of Thursday February 6

SHANGHAI, Feb 6 (SMM) – Social inventories of primary aluminium in China rose in the first week after the Chinese New Year holiday, as deliveries arrived and as logistics issues deterred cargoes from leaving warehouses.

SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, increased 61,000 mt from Monday February 3 to 945,000 mt as of Thursday February 6. During the extended CNY holiday, the stocks jumped 194,000 mt.

Details:

Wuxi, Jiangsu – 342,000 mt

Shanghai – 106,000 mt

Nanhai, Guangdong – 208,000 mt

Gongyi, Henan – 108,000 mt

Hangzhou, Zhejiang – 103,000 mt

Tianjin – 58,000 mt

Linyi, Shandong – 9,000 mt

Chongqing –11,000 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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Strait Passage Restrictions Compounded by Supply Hard Damage, Aluminum Prices Firmly Supported at High Levels [SMM Aluminum Morning Meeting Minutes]

[Strait Transit Restrictions Combined with Hard Supply Damage, Aluminum Prices Firmly Supported at High Levels] Overall, from a macro perspective, strait transit restrictions and the risk of conflict escalation resonated with hard supply damage and low global inventory on the fundamentals side, jointly providing strong support for aluminum prices. In the short term, aluminum prices held up well.

2 hours ago

3 hours ago

US and Israeli Military Strike Hits Iran's Largest Aluminium Producer, IRALCO

[SMM Aluminum Express News] The Iran Aluminium Company (IRALCO) in Arak, Iran's largest aluminium producer, was struck during US and Israeli military operations on April 8, 2026. IRALCO is the country’s primary aluminum production facility, with an annual capacity of around 160,000–200,000 tons.

3 hours ago

19 hours ago

Indonesia Revokes Illegal Mining Permits in Protected Forests, Orders Swift Action

[SMM Aluminum Express News] President Prabowo Subianto has ordered Energy and Mineral Resources Minister Bahlil Lahadalia to immediately revoke all illegal mining permits (IUP). The directive was given during a Cabinet Working Meeting at the State Palace on Wednesday, April 8, 2026. Prabowo instructed Bahlil to act swiftly on reports of hundreds of unclear or illegal mining permits operating inside protected forests. He also asked Forestry Minister Raja Juli Anthoni about the current condition of protected forests and emphasized the need for immediate action on illegal IUPs found in the field.

19 hours ago