Primary aluminium inventories fell 76,000 mt over weekend

Published: Apr 27, 2020 11:34

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Social inventories of primary aluminium ingots continued to trend lower over the weekend, as demand remained robust and arrivals were subdued.

SHANGHAI, Apr 27 (SMM) – Social inventories of primary aluminium ingots continued to trend lower over the weekend, as demand remained robust and arrivals were subdued.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased 76,000 mt from last Thursday April 23 to 1.283 million mt as of Monday April 27.

Details:

Wuxi, Jiangsu – 562,000 mt

Shanghai – 161,000 mt

Nanhai, Guangdong – 265,000 mt

Gongyi, Henan – 94,000 mt

Hangzhou, Zhejiang – 125,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 8,000 mt

Chongqing –14,000 mt

Inventory data Aluminium

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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