Inventories of primary aluminium extend decline during holiday

SHANGHAI, May 5 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 28,000 mt from Monday April 29 to stand at 1.44 million mt as of Sunday May 5, SMM data showed. 

Details:

Wuxi, Jiangsu – 517,000 mt

Shanghai – 284,000 mt

Nanhai, Guangdong – 319,000 mt

Gongyi, Henan – 101,000 mt

Hangzhou, Zhejiang – 117,000 mt

Tianjin – 59,000 mt

Linyi, Shandong – 20,000 mt

Chongqing –25,000 mt