Aluminium Social Inventories Dropped 46,000 mt on Week

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.