Aluminium Social Inventories Dropped 46,000 mt on Week

Published: Dec 23, 2021 15:13
SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 46,000 mt on the week to 864,000 mt as of December 23, mainly contributed by Wuxi and Nanhai.

SHANGHAI, Dec 23 (SMM) - SMM data showed that China's social inventories of aluminium across eight consumption areas dropped 46,000 mt on the week to 864,000 mt as of December 23, mainly contributed by Wuxi and Nanhai. The inventory in Gongyi rose slightly on the week.

The social inventories dropped 27,000 mt from Monday December 20 mainly owing to the declining arrivals in Wuxi.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Aluminium Social Inventories Dropped 46,000 mt on Week - Shanghai Metals Market (SMM)