SHANGHAI, Dec 16 (SMM) – Social inventories of primary aluminium in China continued to trend lower over the weekend, SMM data showed, with Guangdong remaining the contributor to more than half of the decline.
Stocks across eight consumption areas in China, including SHFE warrants, decreased by 37,000 mt from last Thursday December 12 to 611,000 mt as of Monday December 16.
Wuxi, Jiangsu – 198,000 mt
Shanghai – 116,000 mt
Nanhai, Guangdong – 136,000 mt
Gongyi, Henan – 36,000 mt
Hangzhou, Zhejiang – 52,000 mt
Tianjin – 52,000 mt
Linyi, Shandong – 5,000 mt
Chongqing –16,000 mt
