Primary aluminium inventories built up 4,000 mt on week

Published: Oct 15, 2020 17:20

Save

Primary aluminium ingot inventories in China rose slightly this week, showed SMM data.

SHANGHAI, Oct 15 (SMM) – Primary aluminium ingot inventories in China rose slightly this week, showed SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, increased 4,000 mt from Ocotber 9 to 719,000 mt as of Thursday October 15.

Inventory data Primary 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

18 mins ago

Zhongqing Robotics Launches T800 Humanoid Robots, Marking New Era of Mass Production

[SMM Flash News] According to reports, the Zhongqing Shenzhen Honghualing Intelligent Manufacturing Base has officially been put into operation, and the first batch of T800 humanoid robots successfully rolled off the production line, marking Zhongqing Robotics’ official entry into a new stage of large-scale delivery at the ten-thousand-unit level. This production site integrates intelligent manufacturing, R&D, and testing functions, boasts industry-leading production efficiency, and can achieve the production of one humanoid robot every 15 minutes. Its T800 humanoid robot stands 1.73 meters tall and weighs 75 kg, and adopts an integrated die-casting process using aerospace-grade high-strength aluminum alloy, balancing lightweight characteristics with overall structural stability.

18 mins ago

Jinhua Daya Auto Parts' Phase 2 Project Nears Completion, Set to Boost NEV Component Output

[SMM Snapshot] According to reports, the second-phase construction project of Jinhua Daya Auto Parts Co., Ltd., with an annual output of 500,000 auto parts, in the NEV Town of Jinhua Development Zone, has recently entered the acceptance stage. Production lines for processes such as stamping and die-casting are being rapidly advanced and are about to start trial production. Daya Auto is a core supporting enterprise in the NEV industry chain, primarily supplying auto body and chassis metal sheet welding parts to automakers like Leap Motor. The company's first-phase factory has been smoothly put into operation, mainly providing the right front compartment longitudinal beam assembly for Leap Motor's Jinhua production site. The second-phase project adds perfected process systems including stam

18 mins ago

20 mins ago

Shanghai Jingzhi Invests in Communication and Automotive Parts Project via Subsidiary

[SMM Flash] According to reports, Shanghai Jingzhi Industrial Co., Ltd. recently announced that the company plans to invest through its wholly-owned subsidiary Anhui Jingzhi Intelligent Manufacturing Co., Ltd. in the construction of the “Communication Structural Parts and Precision Automotive Parts Production Project,” to further optimize the layout of its precision manufacturing capacity and build integrated delivery capabilities.

20 mins ago