Primary aluminium inventories extended decline by 50,000 mt on week

SHANGHAI, Dec 5 (SMM) – Social inventories of primary aluminium in China fell faster this week, SMM data showed, due to robust demand.

Stocks across eight consumption areas in China, including SHFE warrants, decreased by 50,000 mt from a week ago to 705,000 mt as of Thursday December 5, after a decline of 44,000 mt in the previous week.

Wuxi, Jiangsu – 216,000 mt

Shanghai – 130,000 mt

Nanhai, Guangdong – 184,000 mt

Gongyi, Henan – 43,000 mt

Hangzhou, Zhejiang – 53,000 mt

Tianjin – 53,000 mt      

Linyi, Shandong – 5,000 mt

Chongqing –21,000 mt