Aluminium billet inventories shrank 1,100 mt on week

SHANGHAI, Dec 5 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China fell 1,100 mt from November 28 and stood at 76,800 mt as of Thursday December 5. 

This marked the eighth consecutive week of decline. Stocks dipped 8,800 mt in the previous week.

Inventory 

Foshan, Guangdong – 27,300 mt

Wuxi, Jiangsu – 23,700 mt

Changzhou, Jiangsu – 6,700 mt

Huzhou, Zhejiang –13,000 mt

Nanchang, Jiangxi – 6,100 mt