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Home / Metal News / Primary aluminium inventories shrank 34,000 mt on week

Primary aluminium inventories shrank 34,000 mt on week

Nov 5, 2020 14:16

Source:SMM

Primary aluminium ingot inventories in China continued to decline this week due to the downstream demand and limited arrivals, showed SMM data.

SHANGHAI, Nov 5 (SMM) – Primary aluminium ingot inventories in China continued to decline this week due to the downstream demand and limited arrivals, showed SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 34,000 mt from last Thursday to 654,000 mt as of November 5.

Inventory data

Primary aluminium

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SMM data showed that China’s social inventories of aluminium across eight consumption areas increased 2,000 mt on the week to 876,000 mt as of July 1.

Jul 1, 2021 17:13

Analysis

Primary aluminium inventories increased 2,000 mt on week

Primary aluminium inventories built up 61,000 mt on week

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, increased 61,000 mt from last Thursday to 775,000 mt as of February 10.

Feb 10, 2021 14:36

Analysis

Primary aluminium inventories built up 61,000 mt on week

Primary aluminium inventories shrank 15,000 mt on week to 669,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 15,000 mt from the prior week to 669,000 mt as of January 21. COVID-induced transport restrictions reduced arrivals of cargoes in Wuxi and Nanhai.

Jan 21, 2021 15:41

Analysis

Primary aluminium inventories shrank 15,000 mt on week to 669,000 mt

Primary aluminium inventories built up 20,000 mt on week

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

Jan 14, 2021 16:06

Analysis

Primary aluminium inventories built up 20,000 mt on week

Primary aluminium inventories shrank 3,000 mt on week to 586,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 3,000 mt from the prior week to 586,000 mt as of December 24, and Gongyi and Nanhai mainly contributed to the decline.

Dec 24, 2020 17:40

Analysis

Primary aluminium inventories shrank 3,000 mt on week to 586,000 mt

Primary aluminium inventories shrank 7,000 mt on week

Primary aluminium ingot inventories in China continued to decline this week, showed SMM data.

Dec 17, 2020 16:57

Analysis

Primary aluminium inventories shrank 7,000 mt on week

Primary aluminium inventories shrank 19,000 mt on week to 596,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 19,000 mt from the prior week to 596,000 mt as of November 26.

Nov 26, 2020 17:40

Analysis

Primary aluminium inventories shrank 19,000 mt on week to 596,000 mt

Primary aluminium inventories shrank 25,000 mt on week to 629,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 25,000 mt from the prior week to 629,000 mt as of November 12.

Nov 12, 2020 14:27

Analysis

Primary aluminium inventories shrank 25,000 mt on week to 629,000 mt

Primary aluminium inventories built up 4,000 mt on week

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

Oct 15, 2020 17:20

Analysis

Primary aluminium inventories built up 4,000 mt on week

Operating rates of copper rods are expected to decline in September with high inventories

Operating rates at copper rod makers stood at 72.66% in August, a decrease of 3.50 percentage points month on month and 2.79 percentage points year on year, according to SMM survey.

Sep 7, 2020 10:33

Analysis

Operating rates of copper rods are expected to decline in September with high inventories

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Primary aluminium inventories shrank 34,000 mt on week

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