Aluminium inventory shrinks over Labour Day holiday

Published: May 2, 2018 12:24

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China's inventory of refined aluminium, including SHFE warrants, shrank to 2.2 million mt as of Wednesday May 2

SHANGHAI, May 2 (SMM) – China's inventory of aluminium, including SHFE warrants, shrank to 2.2 million mt as of Wednesday May 2 as limited deliveries arrived over the Labour day holiday and as shipments ahead of the holiday rose, according to SMM data.

This is down 10,000 mt from 2.21 million mt on Thursday April 26.

Details are as follows:

Wuxi, Jiangsu – 897,000 mt

Shanghai – 453,000 mt

Nanhai, Guangdong – 399,000 mt

Gongyi, Henan – 192,000 mt

Hangzhou, Zhejiang – 145,000 mt

Tianjin – 55,000 mt

Linyi, Shandong – 34,000 mt

Chongqing – 25,000 mt

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aluminium inventory

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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