Primary Aluminium Inventories Fell 26,000 mt on Week

Published: Aug 5, 2021 16:13
SMM data showed that China's social inventories of aluminium across eight consumption areas fell 26,000 mt on the week to 732,000 mt as of August 5.

SHANGHAI, Aug 5 (SMM) - SMM data showed that China's social inventories of aluminium across eight consumption areas fell 26,000 mt on the week to 732,000 mt as of August 5.

The decrease was mainly due to the low arrivals in Gongyi and Hainan. The arrivals in Henan was also affected by the inefficient truck transportation in the pandemic.

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.

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