Aluminium billet inventory inches down after five weeks of rise

SHANGHAI, Aug 9 (SMM) – Limited arrivals from producers lowered the inventories of aluminium billet slightly across China as of Thursday August 9. The decline came after five consecutive weeks of increase. 

Inventories of 6063 aluminium billet across five major areas dipped by 2,400 mt from last Thursday to stand at 82,800 mt, SMM data showed. 

Details are as follows:

Foshan, Guangdong – 40,500 mt

Wuxi, Jiangsu – 13,800 mt

Changzhou, Jiangsu – 8,500 mt

Huzhou, Zhejiang – 6,700 mt

Nanchang, Jiangxi – 13,300 mt