Aluminium billet inventory grows further in low season

Published: Jul 26, 2018 11:09

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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 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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