Nov 6 news:
As of Nov 6, SMM data showed social inventory of 6063 aluminum billet in the two regions in China at 73,500 mt, down 3,500 mt (-4.5%) from the previous trading day.
By region, Guangdong fell to 32,000 mt (-2,500 mt) and Wuxi to 41,500 mt (-1,000 mt), with Guangdong posting a larger decline.
Overall, downstream cargo pick-up continued, and inventory in the two regions dropped to a low level in the 70,000 mt range.
For full inventory by region, historical series, and detailed changes, please log in to the SMM data terminal.
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