Aluminium billet inventories rose 46,800 mt from pre-holiday

SHANGHAI, Feb 6 (SMM) – SMM data showed that stocks of 6063 aluminium billet across five major consumption areas in China increased 46,800 mt from January 23, to 146,800 mt as of Thursday February 6.

The inventory rose for a third consecutive week by 33,700 mt in the week ended January 23.

Inventory

Foshan, Guangdong – 59,200 mt

Wuxi, Jiangsu – 23,500 mt

Changzhou, Jiangsu – 18,800 mt

Huzhou, Zhejiang – 30,000 mt

Nanchang, Jiangxi – 15,300 mt