SHANGHAI, May 11 (SMM) – Social inventories of primary aluminium ingots in China continued to fall after the Labour Day holiday, as demand remained robust while arrivals were limited.
SMM data showed that social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 70,000 mt from Wednesday May 6 to 1.102 million mt as of Monday May 11, after a decline of 32,000 mt between April 30 and May 6.
Details:
Wuxi, Jiangsu – 468,000 mt
Shanghai – 143,000 mt
Nanhai, Guangdong – 232,000 mt
Gongyi, Henan – 69,000 mt
Hangzhou, Zhejiang – 113,000 mt
Tianjin – 56,000 mt
Linyi, Shandong – 9,000 mt
Chongqing –12,000 mt
