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China’s aluminium inventory climbs further


China’s social inventory of refined aluminium including SHFE warrants climbed further to 1.78 million mt as of January 2, up 19,000 mt from levels seen on December 28, according to SMM statistics.

Details are as follows:

Wuxi 766,000 mt

Shanghai 358,000 mt

Nanhai 318,000 mt

Gongyi 143,000 mt

Hangzhou 117,000 mt

Tianjin 55,000 mt

Chongqing 24,000 mt

Source: SMM