Aluminium inventory dips on fewer deliveries to warehouses

SHANGHAI, May 28 (SMM) – China's inventory of primary aluminium, including SHFE warrants, shrank to 2.05 million mt as of Monday May 28 on fewer deliveries to warehouses at major markets, according to SMM data. 

The inventory was down 25,000 mt from Thursday May 24 and down 70,000 mt from Monday May 21. The week-on-week decline was faster than the 32,000 mt seen last Monday. 

Details are as follows:

Wuxi, Jiangsu – 844,000 mt

Shanghai – 446,000 mt

Nanhai, Guangdong – 314,000 mt

Gongyi, Henan – 198,000 mt

Hangzhou, Zhejiang – 131,000 mt

Tianjin – 63,000 mt

Linyi, Shandong – 29,000 mt

Chongqing – 27,000 mt

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