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Home / Metal News / Primary aluminium inventories fell 20,000 mt over the weekend

Primary aluminium inventories fell 20,000 mt over the weekend

Jun 15, 2020 11:06

Source:SMM

Social inventories of primary aluminium ingots in China continued to trend lower over the weekend, as demand remained robust while arrivals at some regions improved slightly.

SHANGHAI, Jun 15 (SMM) – Social inventories of primary aluminium ingots in China continued to trend lower over the weekend, as demand remained robust while arrivals at some regions improved slightly.

SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 20,000 mt from last Thursday June 11 to 767,000 mt as of Monday June 15.

Details:

Wuxi, Jiangsu – 273,000 mt

Shanghai – 112,000 mt

Nanhai, Guangdong – 164,000 mt

Gongyi, Henan – 36,000 mt

Hangzhou, Zhejiang – 103,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 10,000 mt

Chongqing –10,000 mt

Inventory data

Aluminium

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Analysis

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Primary aluminium inventories fell 20,000 mt over the weekend

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