Page 64 - Inventory Data News Today

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 1,100 mt from last Friday May 28 to 154,400 mt as of Monday May 31. The stocks were down 7,100 mt from May 24.

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Social inventories of long steel (including wire rods and rebar) in Guangzhou decreased 140,800 mt or 10.24% in the week ended April 26 to 752,400 mt, showed SMM data. Stocks were 24.75% lower than the same period last year.

China HRC stocks across social warehouses and steel makers rebounded this week.

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 58,000 mt from the prior week to 962,000 mt as of May 27. The recent high season mainly contributed to the decline in inventories. 

Inventories of rebar across Chinese steelmakers and social warehouses stood at 10.57 million mt as of May 27, down 0.3% from a week ago. Stocks are down 1.1% from a year earlier.

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 200 mt from the previous week to 88,300 mt as of May 27. Stocks declined in Wuxi and Changzhou, but built up in other areas.

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 4,700 mt from last Friday May 21 to 161,500 mt as of Monday May 24. The stocks were down 9,700 mt from May 17. Please sign in to continue reading the full article for free Already registered? Sign in

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin rose 3,300 mt from last Friday May 21 to 93,900 mt as of Monday May 24, an SMM survey showed. The stocks were up 8,000 mt from last Monday May 17, reaching a high level since May 2015. Please sign in to continue reading the full article for free Already registered? Sign in