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Aluminium Social Inventories Up 2,000 mt on Week

iconJan 20, 2022 15:35
Source:SMM
SMM data showed that China's social inventories of aluminium across eight consumption areas rose 2,000 mt on the week to 726,000 mt as of January 20, mainly contributed by Nanhai, Hangzhou and Gongyi.

SHANGHAI, Jan 20 (SMM) - SMM data showed that China's social inventories of aluminium across eight consumption areas rose 2,000 mt on the week to 726,000 mt as of January 20, mainly contributed by Nanhai, Hangzhou and Gongyi.

The inventory rose by 4,000 from Monday January 17. And the inventory in Shanghai and Wuxi dropped mainly because the arrivals were low and the shipments were moderate.

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