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Aluminium Ingot Social Stocks In China¡¯s Eight Major Markets Build Up Slightly
2023-8-1
data showed aluminium ingot social stocks in China¡¯s eight major markets totalled 541,000 mt as of July 31, up 5,000 mt from last Thursday, but was 137,000 mt less than a year ago, still a five-year low compared to the same period of previous years. Massive cargo arrivals in Wuxi were the major reason for the overall inventory accumulation. Aluminium ingot shipment out of social warehouses in the eight major markets were 128,700 mt last week, up 2,700 mt from a week ago. Entering August, we see aluminium ingot social stocks at risk of growing.
 
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2024-4-29
Item
SHFE
Change
Cu
287498
-12547
Al
223859
-4678
Zn
127792
-3955
Item
LME
Change
Cu
117500
-1050
Al
492750
-1400
Zn
255400
+950
Ni
78594
+810
2023-5-15
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Inverse:
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5.2589
Inverse:
0.19015
   
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