Primary aluminium inventories shrank 7,000 mt on week

SHANGHAI, Mar 25 (SMM) – Primary aluminium ingot inventories in China fell this week, showed SMM data.

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 7,000 mt from last Thursday to 1.24 million mt as of March 25. Stocks in Wuxi, Nanhai and Hangzhou mainly contributed to the decrease.