Aluminium Ingot Social Inventory Up 90,000 mt on Week

Published: Feb 17, 2022 11:45 (GMT+8)

Save

SMM data showed that the aluminium ingot social inventory in China totalled 1.04 million mt as of February 17, 2022, up 90,000 mt from last Thursday February 10.

SHANGHAI Feb 17 (SMM) - SMM data showed that the aluminium ingot social inventory in China totalled 1.04 million mt as of February 17, 2022, up 90,000 mt from last Thursday February 10, with Wuxi (+42,000 mt), Gongyi (+24,000 mt), Nanhai (+21,000 mt) being the major contributors to the overall increase.

aluminium inventory

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

22 mins ago

Aluminum Prices Gain Phased Support as China-US Presidential Meeting Approaches and Destocking Accelerates [SMM Aluminum Morning Meeting Summary]

[Aluminum Prices Find Temporary Support as China-US Presidential Meeting Looms and Destocking Accelerates] Overall, aluminum prices are expected to consolidate at highs in the short term.

22 mins ago

46 mins ago

Novelis Cuts 80 Jobs, Reduces Production at Ontario Plant Due to US Tariffs

[SMM Aluminum Express News] Novelis is reducing production and cutting around 80 jobs at its Kingston, Ontario aluminum plant, citing the cost of US Section 232 tariffs on Canadian aluminum entering the United States. The cuts affect roughly one-third of the plant’s workforce, comprising 10 salaried positions and temporary layoffs of around 70 hourly workers. The Kingston facility will remain operational at reduced volumes, with hourly workers potentially recalled if production increases.

46 mins ago

13 hours ago

China's Aluminum Extrusion Exports Rise 9.7% YoY in August 2026, Top Markets Include Malaysia and Vietnam

According to customs data, China's aluminum extrusion exports totaled 92,500 mt in August 2026, up 3.0% MoM and up 9.7% YoY. Cumulative exports from January to August 2026 reached 629,600 mt, up 8.7% YoY. By destination, the top five markets were Malaysia (7,900 mt), Vietnam (6,700 mt), Israel (6,300 mt), Nigeria (4,200 mt), and the Philippines (3,900 mt). (Statistics cover HS codes: 76041010, 76041090, 76042100, 76042910, 76042990)

13 hours ago