Primary aluminium inventories fell 15,000 mt over the weekend

SHANGHAI, Jun 1 (SMM) – Social inventories of primary aluminium ingots in China continued to fall over the weekend, but the decline was moderate as deliveries leaving the warehouses reduced.

SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 15,000 mt from last Thursday May 28 to 878,000 mt as of Monday June 1.

Details:

Wuxi, Jiangsu – 349,000 mt

Shanghai – 120,000 mt

Nanhai, Guangdong – 174,000 mt

Gongyi, Henan – 51,000 mt

Hangzhou, Zhejiang – 107,000 mt

Tianjin – 58,000 mt

Linyi, Shandong – 9,000 mt

Chongqing –10,000 mt