Page 75 - Inventory Data News Today

3 Min Read (Reuters) - U.S. consumer sentiment dipped in early January as Americans reacted to the assault on the U.S. Capitol and a relentless surge in COVID-19 infections and deaths, the University of Michigan said on Friday in a report that also showed a deep partisan divide in views on the economy and outlook. FILE PHOTO: Diners eat lunch in outdoor seating at a restaurant in the Little Italy section of Manhattan on the first day of the phase two re-opening of businesses following the outbr...

Singapore's residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and steady bunker fuel demand, official data showed on Thursday.

SMM data showed that HRC stocks across social warehouses and steel makers expanded 143,300 mt or 4.59% from the previous week, and 35.52% on the year, to 3.27 million mt in the week ended January 14.

Inventories of aluminium billet in China decreased this week due to a slight increase in shipments at warehouses.

Primary aluminium ingot inventories in China rose this week, showed SMM data. 

China steel rebar inventories continued to accelerate increases this week amid pandemic and cold weather.

U.S. crude stocks fell more than expected in the last week, while gasoline and distillate inventories rose as refiners ramped up output to its highest level since August, the Energy Information Administration said on Wednesday.

A total of 101 vessels carrying 16.29 million mt of iron ore arrived at major Chinese ports during January 3-9, SMM estimates. This was up 2.03 million mt from the previous week, and 2.11 million mt from the same period last year. Arrivals plunged by more than 17% in Shandong.

Social inventories of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin fell 2,000 mt from last Friday January 8 to 56,900 mt as of Monday January 11, an SMM surveyed showed.

Zinc inventories in China rose over the weekend, primarily propelled by an increase in Guangdong.