SHANGHAI, Jun 8 (SMM) – Social inventories of primary aluminium ingots in China continued to trend lower over the weekend, propelled by stable demand and limited arrivals at some hubs.
SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 46,000 mt from last Thursday June 4 to 801,000 mt as of Monday June 8.
Details:
Wuxi, Jiangsu – 296,000 mt
Shanghai – 119,000 mt
Nanhai, Guangdong – 161,000 mt
Gongyi, Henan – 46,000 mt
Hangzhou, Zhejiang – 106,000 mt
Tianjin – 57,000 mt
Linyi, Shandong – 9,000 mt
Chongqing –7,000 mt
