Aluminium Social Inventories Rose 31,000 mt on Week

Published: Nov 4, 2021 14:29
SMM data showed that China's social inventories of aluminium across eight consumption areas rose 31,000 mt on the week to 1.01 million mt as of November 4.

SHANGHAI, Nov 4 (SMM) - SMM data showed that China's social inventories of aluminium across eight consumption areas rose 31,000 mt on the week to 1.01 million mt as of November 4, mainly because more arrivals in Wuxi and Shanghai have led to rising local inventories. While the inventory in Nanhai fell slightly on the week due to less arrivals from a week ago, and the shipments have also picked up.

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