SHANGHAI, Apr 25 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China extended their decline as higher demand for construction materials depleted inventories.
As of Thursday April 25, inventories fell some 6,400 mt from a week ago to stand at 92,200 mt, SMM data showed.
Aluminium billet inventories have fallen for seven consecutive weeks and shrank 9,800 mt last week.
Details:
Foshan, Guangdong – 55,300 mt
Wuxi, Jiangsu – 18,500 mt
Changzhou, Jiangsu – 6,500 mt
Huzhou, Zhejiang – 8,000 mt
Nanchang, Jiangxi – 3,900 mt
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