Primary aluminium inventories fell 33,000 mt on week

Published: Jun 18, 2020 14:20

Save

The decline in primary aluminium ingot inventories in China decelerated this week.

SHANGHAI, Jun 18 (SMM) – The decline in primary aluminium ingot inventories in China decelerated this week, showed the latest SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 33,000 mt in the week ended June 18 to 754,000 mt, much smaller than a decline of 60,000 mt in the previous week.

Inventory data Aluminium

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Chongqing Successfully Implements First Nationwide Pilot for Imported Aluminum Scrap Inspection

[SMM Flash] According to relevant reports, on February 9, a batch of 103.5 mt of imported aluminum scrap arrived at the Chongqing Yongchuan Port Customs supervision site, marking the successful implementation of the pilot program for optimizing the inspection and supervision model for imported aluminum scrap via river-sea intermodal transport in Chongqing, the first of its kind nationwide.

3 hours ago

Aluminum Alloy Futures Retreat After Intraday Rise, Spot Market Slows Before Chinese New Year

[Aluminum Alloy Daily Review] Entering the last trading week before the Chinese New Year, as upstream and downstream secondary aluminum alloy enterprises gradually closed for the holiday, spot market trading noticeably slowed, and enterprise quotations mostly adjusted in line with the mark.

3 hours ago

SHFE Cast Aluminum Alloy Warrants Up 1,452 mt to 68,535 mt on Feb 9

[SMM News] SHFE data shows that on February 9, the total registered volume of cast aluminum alloy warrants was 68,535 mt, an increase of 1,452 mt from the previous trading day. By region: Shanghai (6,429 mt, up 1,071 mt), Guangdong (23,756 mt, down 152 mt), Jiangsu (9,102 mt, down 244 mt), Zhejiang (22,400 mt, up 176 mt), Chongqing (5,406 mt, down 150 mt), and Sichuan (1,442 mt, up 751 mt).

3 hours ago