SHANGHAI, Jan 17 (SMM) – Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.264 million mt as of Thursday January 17, down 18,000 mt from a week ago, SMM data showed.
Limited cargoes arrived at social warehouses this week, while downstream consumers stockpiled for Chinese New Year.
Details:
Wuxi, Jiangsu – 492,000 mt
Shanghai – 301,000 mt
Nanhai, Guangdong – 159,000 mt
Gongyi, Henan – 110,000 mt
Hangzhou, Zhejiang – 108,000 mt
Tianjin – 50,000 mt
Linyi, Shandong – 24,000 mt
Chongqing – 20,000 mt
