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Home / Metal News / Aluminium billet inventories continues to grow in low season

Aluminium billet inventories continues to grow in low season

Jul 19, 2018 11:11

Source:SMM

Inventories of aluminium billet in China continued to grow over the week ended Jul 19 as consumption entered the low season

SHANGHAI, Jul 19 (SMM) – Inventories of aluminium billet in China continued to grow over the week ended Thursday July 19 as consumption entered the low season.

Inventories of 6063 aluminium billet across five major consumption areas increased by 2,300 mt from last Thursday to stand at 70,800 mt, SMM data showed.

Details are as follows:

Foshan, Guangdong – 42,000 mt

Wuxi, Jiangsu – 5,600 mt

Changzhou, Jiangsu – 8,000 mt

Huzhou, Zhejiang – 7,600 mt

Nanchang, Jiangxi – 7,600 mt

Inventory data

Aluminium

Aluminium billet

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Aluminium billet inventories fell to 120,800 mt on week

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Jul 15, 2021 18:00

Analysis

Aluminium billet inventories fell to 120,800 mt on week

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SMM Comments

SMM Morning Comments (Jul 13): Shanghai base metals were mostly lower as investors awaited China's trade data for June

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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 1,700 mt from last Friday July 9 to 122,000 mt as of Monday July 12. The stocks were up 6,200 mt from July 5.

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Analysis

Zinc social inventories expanded 1,700 mt over weekend

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Aluminium billet inventories fell 2,500 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 1.5% or 2,500 mt from a week ago to 162,800 mt as of Thursday April 22.

Apr 22, 2021 14:21

Analysis

Aluminium billet inventories fell 2,500 mt on week

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Aluminium billet inventories continues to grow in low season

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