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Home / Metal News / Aluminium billet inventory grows further in low season

Aluminium billet inventory grows further in low season

Jul 26, 2018 11:09

Source:SMM

Inventory of aluminium billet in China rose further this week on sluggish consumption

SHANGHAI, Jul 26 (SMM) – Inventory of aluminium billet in China rose further over the week as consumption stayed sluggish amid a low season, SMM research found on Thursday July 26.

This marked a fourth consecutive week of increase.

Inventory of 6063 aluminium billet across five major consumption areas increased by 8,600 mt from last Thursday to stand at 79,400 mt, SMM data showed.

Details are as follows:

Foshan, Guangdong – 47,400 mt

Wuxi, Jiangsu – 11,000 mt

Changzhou, Jiangsu – 6,400 mt

Huzhou, Zhejiang – 7,300 mt

Nanchang, Jiangxi – 7,300 mt

Inventory data

Aluminium

Aluminium billet

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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Oct 14, 2021 17:09

Industry

Tianshan Aluminum: Net profit in the First Three Quarters to Up 163.5%, the Average Price of Aluminium Ingots Up 35% YoY

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Shanghai base metals traded mixed after opening on Thursday morning, as Fed failed to set a timeline for tapering asset purchase, and COVID-19 pandemic made a comeback. Meanwhile, their counterparts on LME mostly went up.

Jul 29, 2021 09:55

SMM Comments

SMM Morning Comments (Jul 29): Shanghai Base Metals Trending Mixed after Obscure Fed Meeting Results

Aluminium billet inventories fell to 120,800 mt on week

The outbound volume of the aluminium billet rose by 800 mt to 48,300 mt last week, an increase of 1.6%. Aluminium prices fluctuated at high levels, and downstream users were less willing to purchase.

Jul 15, 2021 18:00

Analysis

Aluminium billet inventories fell to 120,800 mt on week

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

Shanghai base metals were mostly lower on Tuesday morning as investors awaited the release of China's trade data for June. Meanwhile, their counterparts on the LME also fell for the most part.

Jul 13, 2021 10:00

SMM Comments

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

China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

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

Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

Inventories of aluminium billet in China decreased this week due to a decline in arrivals at warehouses.

Dec 31, 2020 16:15

Analysis

Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

Aluminium billet inventories fell in China on greater shipments in the east

Inventories in Wuxi, Changzhou and Nanchang fell week on week, while stocks in Foshan and Huzhou accumulated, with Foshan saw a bigger rebound.

Jul 9, 2020 15:45

Analysis

Aluminium billet inventories fell in China on greater shipments in the east

Aluminium billet inventories declined 4,000 mt on week

Inventories of aluminium billet in China declined at a slower pace this week as arrivals increased while shipments from warehouses shrank. Inventories in Foshan, Huzhou, Changzhou and Nanchang continued to fall while the declines narrowed from a week ago. Stocks in Wuxi, meanwhile, edged up this week.

Jun 4, 2020 15:48

Analysis

Aluminium billet inventories declined 4,000 mt on week

Aluminium billet inventories declined 15,600 mt on week

Inventories of aluminium billet in China extended their decline this week, driven by healthy demand and limited arrivals.

May 28, 2020 16:27

Analysis

Aluminium billet inventories declined 15,600 mt on week

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Aluminium billet inventory grows further in low season

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