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Home / Metal News / Aluminium billet stocks continue to grow as low season lingers

Aluminium billet stocks continue to grow as low season lingers

Aug 30, 2018 11:07

Source:SMM

Stocks of 6063 aluminium billet across five major consumption areas increased from a week earlier, driven by gains in Foshan

SHANGHAI, Aug 30 (SMM) – Inventories of aluminium billet across major consumption areas in China continued to grow this week as the low season persisted, SMM research found.

Stocks of 6063 aluminium billet across five major consumption areas increased by 2,700 mt from a week earlier to stand at 105,800 mt as of Thursday August 30, SMM data showed. Growth of some 5,100 mt of stocks in Foshan, Guangdong province accounted for the increase.

Details are as follows:

Foshan, Guangdong – 64,100 mt

Wuxi, Jiangsu – 17,200 mt

Changzhou, Jiangsu – 9,500 mt

Huzhou, Zhejiang – 4,500 mt

Nanchang, Jiangxi – 10,500 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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SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

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 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 rebounded 900 mt on week

Inventories of aluminium billet in China edged higher this week as arrivals grew while shipments from warehouses decreased. Inventories in Wuxi, Changzhou and Nanchang expanded slightly this week while stocks in Foshan and Huzhou inched down.

Jun 11, 2020 16:48

Analysis

Aluminium billet inventories rebounded 900 mt on week

Aluminium billet inventories extended rise by 13,200 mt on week

Stocks increased 3,300 mt in the previous week

Jan 16, 2020 14:11

Analysis

Aluminium billet inventories extended rise by 13,200 mt on week

Aluminium billet inventories fell marginally on week

Inventories declined for the third straight week as of October 31

Oct 31, 2019 11:19

Analysis

Aluminium billet inventories fell marginally on week

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Aluminium billet stocks continue to grow as low season lingers

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