Aluminium billet inventory grows further amid seasonal lull

Published: Jul 13, 2018 09:15

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China’s aluminium billet inventory extended its gains over the week ended Thursday

SHANGHAI, Jul 13 (SMM) – China’s aluminium billet inventory extended its gains over the week ended Thursday July 12 as demand headed into a low season.

Inventories of 6063 aluminium billet across five major consumption areas in China increased by 2,900 mt from last Thursday to stand at 68,500 mt, SMM data showed.

Details are as follows:

Foshan, Guangdong – 45,500 mt

Wuxi, Jiangsu – 3,300 mt

Changzhou, Jiangsu – 7,500 mt

Huzhou, Zhejiang – 6,200 mt

Nanchang, Jiangxi – 6,000 mt

Inventory data Aluminium billet

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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