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Home / Metal News / Aluminium billet stocks further grow in a low season

Aluminium billet stocks further grow in a low season

Aug 23, 2018 14:31

Source:SMM

Stocks of 6063 aluminium billet across five major consumption areas increased by 11,200 mt from a week earlier

SHANGHAI, Aug 23 (SMM) – Inventories of aluminium billet across major consumption areas in China continued to grow this week as the low season lingered, SMM research found.

Stocks of 6063 aluminium billet across five major consumption areas increased by 11,200 mt from a week earlier to stand at 103,100 mt as of Thursday August 23, SMM data showed.

Details are as follows:

Foshan, Guangdong – 59,000 mt

Wuxi, Jiangsu – 16,100 mt

Changzhou, Jiangsu – 10,000 mt

Huzhou, Zhejiang – 6,800 mt

Nanchang, Jiangxi – 11,200 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

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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

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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 stocks further grow in a low season

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