SHANGHAI, Nov 21 (SMM) – Social inventories of primary aluminium in China extended their decline by a much larger margin this week, as stocks in Nanhai and Gongyi fell sharply.
SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased by 35,000 mt from a week ago to 799,000 mt as of Thursday November 21, after a decline of 19,000 mt in the previous week.
Wuxi, Jiangsu – 240,000 mt
Shanghai – 138,000 mt
Nanhai, Guangdong – 243,000 mt
Gongyi, Henan – 42,000 mt
Hangzhou, Zhejiang – 54,000 mt
Tianjin – 55,000 mt
Linyi, Shandong – 5,000 mt
Chongqing –22,000 mt
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