Primary aluminium inventories fell below 1 million mt

Published: May 21, 2020 15:26
Social inventories of primary aluminium ingots in China continued to fall sharply this week, showed the latest SMM data.

SHANGHAI, May 21 (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 79,000 mt in the week ended May 21 to 979,000 mt, after a decline of 114,000 mt in the previous week.

 

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.

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