Primary aluminium inventories built up 126,000 mt during CNY holiday

Published: Feb 18, 2021 16:44
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, expanded 126,000 mt during the Chinese New Year holiday to 901,000 mt as of February 18, and stocks in Wuxi, Nanhai and Gongyi mainly contributed to the increase.

SHANGHAI, Feb 18 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, expanded 126,000 mt during the Chinese New Year holiday to 901,000 mt as of February 18, and stocks in Wuxi, Nanhai and Gongyi mainly contributed to the increase. 

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 for 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
China's Aluminum Wire Exports Down 24.77% MoM but Surge 246.4% YoY in August 2026
19 mins ago
China's Aluminum Wire Exports Down 24.77% MoM but Surge 246.4% YoY in August 2026
Read More
China's Aluminum Wire Exports Down 24.77% MoM but Surge 246.4% YoY in August 2026
China's Aluminum Wire Exports Down 24.77% MoM but Surge 246.4% YoY in August 2026
Data shows that China's aluminum wire exports totaled 77,300 mt in August 2026, down 24.77% MoM but up 246.4% YoY. From January to August 2026, China's aluminum wire exports totaled 463,600 mt, up 164.7 percentage points compared to the same period last year. Of this, exports of other non-insulated aluminum stranded wire, cables, braids and similar products totaled 61,200 mt, down 27.61% MoM, accounting for 79.18% of total exports; exports of non-insulated steel-cored aluminum stranded wire, cables, braids and similar products totaled 16,100 mt, down 11.58% MoM, accounting for 20.82% of total exports.
19 mins ago
Domestic Port Bauxite Inventory Increases by 490,000 MT in Week
1 hour ago
Domestic Port Bauxite Inventory Increases by 490,000 MT in Week
Read More
Domestic Port Bauxite Inventory Increases by 490,000 MT in Week
Domestic Port Bauxite Inventory Increases by 490,000 MT in Week
【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on September 18, the total bauxite inventory at ten domestic ports increased by 490,000 mt from the previous week.
1 hour ago
Domestic Primary Aluminum Imports Up 0.2% MoM, Exports Down 30.7% in August 2026
1 hour ago
Domestic Primary Aluminum Imports Up 0.2% MoM, Exports Down 30.7% in August 2026
Read More
Domestic Primary Aluminum Imports Up 0.2% MoM, Exports Down 30.7% in August 2026
Domestic Primary Aluminum Imports Up 0.2% MoM, Exports Down 30.7% in August 2026
Imports: Data from the General Administration of Customs shows domestic primary aluminum imports were approximately 186,000 tonnes in August 2026, up 0.2% MoM and down 14.6% YoY. For Jan-Aug 2026, cumulative domestic primary aluminum imports stood at roughly 1.66 million tonnes, falling 3.4% YoY. Exports: Per customs statistics, domestic primary aluminum exports reached about 22,000 tonnes in August 2026, down 30.7% MoM and 14.7% YoY. Cumulative exports over Jan-Aug 2026 were around 168,000 tonnes, rising approximately 9.3% YoY. Net Imports: Domestic net imports of primary aluminum came in at 164,000 tonnes in August 2026, an increase of 6.5% MoM and a decline of 14.6% YoY. The cumulative net imports for Jan-Aug 2026 were about 1.49 million tonnes, down 4.7% YoY.
1 hour ago