SHANGHAI, Apr 7 (SMM) – Social inventories of primary aluminium ingots declined sharply over the holiday-extended weekend, as demand improved.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased 41,000 mt from last Thursday April 2 to 1.635 million mt as of Tuesday April 7.

Details:

Wuxi, Jiangsu – 660,000 mt

Shanghai – 171,000 mt

Nanhai, Guangdong – 403,000 mt

Gongyi, Henan – 174,000 mt

Hangzhou, Zhejiang – 144,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 11,000 mt

Chongqing –15,000 mt