SHANGHAI, May 6 (SMM) – Social inventories of primary aluminium ingots in China continued to fall over the five-day Labour Day holiday, as demand remained robust while arrivals were limited.
SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 32,000 mt from Thursday April 30 to 1.172 million mt as of Wednesday May 6, after a decline of 155,000 mt in the week ended April 30.
Details:
Wuxi, Jiangsu – 498,000 mt
Shanghai – 155,000 mt
Nanhai, Guangdong – 248,000 mt
Gongyi, Henan – 75,000 mt
Hangzhou, Zhejiang – 119,000 mt
Tianjin – 56,000 mt
Linyi, Shandong – 8,000 mt
Chongqing –13,000 mt
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