Aluminium billet inventories rebounded 3,300 mt on week

SHANGHAI, Jan 9 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China rose after 12 consecutive weeks of decline, increasing 3,300 mt from Thursday January 2 to 53,200 mt as of Thursday January 9. Stocks shrank 700 mt in the previous week.

Inventory 

Foshan, Guangdong – 26,400 mt

Wuxi, Jiangsu – 10,600 mt

Changzhou, Jiangsu – 4,300 mt

Huzhou, Zhejiang – 9,000 mt

Nanchang, Jiangxi – 3,000 mt