Primary aluminium inventories decline 34,000 mt on week

SHANGHAI, Sep 12 (SMM) – Social inventories of primary aluminium in China fell this week for a third straight week, as some regions saw greater deliveries.

SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 34,000 mt from a week ago to stand at 972,000 mt as of Thursday September 12.

Wuxi, Jiangsu – 294,000 mt

Shanghai – 190,000 mt

Nanhai, Guangdong – 275,000 mt

Gongyi, Henan – 81,000 mt

Hangzhou, Zhejiang – 51,000 mt

Tianjin – 54,000 mt

Linyi, Shandong – 10,000 mt

Chongqing –17,000 mt