Inventories of primary aluminium extend increase on week

SHANGHAI, Jan 2 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.3 million mt as of Wednesday January 2, up 16,000 mt from Thursday December 27, SMM data showed.

This followed after a week-on-week increase of 6,000 mt on Thursday December 27. 

Details:

Wuxi, Jiangsu – 523,000 mt

Shanghai – 316,000 mt

Nanhai, Guangdong – 147,000 mt

Gongyi, Henan – 109,000 mt

Hangzhou, Zhejiang – 106,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 24,000 mt

Chongqing – 22,000 mt