Aluminium billet inventories fell sharply in Foshan

SHANGHAI, Oct 29 (SMM) –SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dipped 700 mt from the previous week to 90,200 mt as of October 29. Stocks increased in Wuxi, Changzhou, Huzhou and Nanchang, while shrank significantly in Foshan.