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Primary aluminium inventories fell 46,000 mt over the weekend

iconJun 8, 2020 11:36
Source:SMM
Social inventories of primary aluminium ingots in China continued to trend lower over the weekend, propelled by stable demand and limited arrivals at some hubs.

SHANGHAI, Jun 8 (SMM) – Social inventories of primary aluminium ingots in China continued to trend lower over the weekend, propelled by stable demand and limited arrivals at some hubs.

 

SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 46,000 mt from last Thursday June 4 to 801,000 mt as of Monday June 8.

 

Details:

Wuxi, Jiangsu – 296,000 mt

Shanghai – 119,000 mt

Nanhai, Guangdong – 161,000 mt

Gongyi, Henan – 46,000 mt

Hangzhou, Zhejiang – 106,000 mt

Tianjin – 57,000 mt

Linyi, Shandong – 9,000 mt

Chongqing –7,000 mt

Inventory data
Aluminium
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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