Aluminium billet inventory grows further amid seasonal lull-Shanghai Metals Market

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Aluminium billet inventory grows further amid seasonal lull

Data Analysis 09:15:12AM Jul 13, 2018 Source:SMM

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

 

Price

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Aluminum Ingot
Apr.19
14050.0
40.0
(0.29%)
Alumina (Averaged)
Apr.19
2665.0
0.0
(0.00%)
Alumina-East
Apr.19
2680.0
0.0
(0.00%)
Alumina -Central
Apr.19
2670.0
0.0
(0.00%)
Alumina - North
Apr.19
2660.0
0.0
(0.00%)

Aluminium billet inventory grows further amid seasonal lull

Data Analysis 09:15:12AM Jul 13, 2018 Source:SMM

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