Primary aluminium inventories fell 86,000 mt on week

Published: May 28, 2020 16:23
Social inventories of primary aluminium ingots in China continued their steep fall this week, showed the latest SMM data.

SHANGHAI, May 28 (SMM) – Social inventories of primary aluminium ingots in China continued their steep fall this week, showed the latest SMM data.

 

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 86,000 mt in the week ended May 28 to 893,000 mt, after a decline of 79,000 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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