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Home / Metal News / Primary aluminium inventories dropped 114,000 mt on week

Primary aluminium inventories dropped 114,000 mt on week

May 14, 2020 15:35

Source:SMM

Social inventories of primary aluminium ingots in China continued to fall sharply this week, showed the latest SMM data.

SHANGHAI, May 14 (SMM) – Social inventories of primary aluminium ingots in China continued to fall sharply this week, showed the latest SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 114,000 mt from Wednesday May 6 to 1.058 million mt as of Thursday May 14, after a decline of 32,000 mt between April 30 and May 6.

Inventory data

Aluminium

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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

Shanghai base metals basically went up in the overnight trading after an agreement was reached between democratic and republican parties on Biden’s 579 billion infrastructure plan. LME base metals mostly increased as well.

Jun 25, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Shanghai base metals all went up on Wednesday night as the US June Markit PMI for manufacturing industry registered 62.6. LME base metals all rose as well.

Jun 24, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Zinc social inventories inch up over weekend

Stocks rose 1,600 mt from Aug 2 to stand at 146,000 mt as of Aug 5

Aug 5, 2019 14:35

Analysis

Zinc social inventories inch up over weekend

Supply glut to cap any rebound in prebaked anode prices in H2

Heating-season environmental cuts on carbon mills may only slightly lift prices of prebaked anode after Sep

Aug 2, 2019 18:54

SMM Comments SMM Insight Industry

Supply glut to cap any rebound in prebaked anode prices in H2

Growth in social inventories of rebar slows on week

Production cuts at EAF mills to ease rebar supply pressure in the weeks ahead

Aug 2, 2019 10:39

Analysis Industry SMM Insight

Growth in social inventories of rebar slows on week

Transport ban slows iron ore deliveries from Tangshan ports

Port stocks shrank 800,000 mt from a week ago and stood at 106.3 million mt as of Jul 26

Jul 26, 2019 16:19

Analysis

Transport ban slows iron ore deliveries from Tangshan ports

Limited arrivals, downstream restocking lower zinc social inventories

Stocks decreased by 6,700 mt from Jul 22 to stand at 144,500 mt as of Jul 26

Jul 26, 2019 10:43

Analysis

Limited arrivals, downstream restocking lower zinc social inventories

Lead social inventories continue to grow as supply expands

Stocks rose by over 1,200 mt from a week ago to stand at 35,600 mt as of Jul 5

Jul 5, 2019 17:04

Analysis

Lead social inventories continue to grow as supply expands

Greater arrivals, poor consumption grow aluminium billet stocks

This came after a buildup of 6,000 mt in the previous week

Jul 4, 2019 14:52

Analysis

Greater arrivals, poor consumption grow aluminium billet stocks

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Primary aluminium inventories dropped 114,000 mt on week

SMM Events & Webinars

2025 SMM SOUTH AMERICAN LITHIUM RESOURCES FIELD TRIP

2025 SMM ASIA METALS SEMINAR

2025 SMM 3rd Wire & Cable Conference & Expo