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Home / Metal News / Tepid consumption grows aluminium billet stocks

Tepid consumption grows aluminium billet stocks

Sep 6, 2018 11:09

Source:SMM

Stocks of 6063 aluminium billet across five major consumption areas increased by 12,100 mt from a week earlier

SHANGHAI, Sep 6 (SMM) – Inventories of aluminium billet across major consumption areas in China continued to grow this week as demand in the construction extrusion sector took a hit despite the traditional high season, SMM research found.

Stocks of 6063 aluminium billet across five major consumption areas increased by 12,100 mt from a week earlier to stand at 117,900 mt as of Thursday September 6, SMM data showed. Growth of some 15,300 mt in stocks in Foshan, Guangdong province accounted for the increase.

Details:

Foshan, Guangdong – 79,400 mt

Wuxi, Jiangsu – 13,800 mt

Changzhou, Jiangsu – 11,000 mt

Huzhou, Zhejiang – 6,000 mt

Nanchang, Jiangxi – 7,700 mt

Inventory data

Aluminium

Aluminium billet

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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Lead Ingot Social Inventories Expanded 13,600 mt on Week

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Jul 26, 2021 14:46

Analysis

Lead Ingot Social Inventories Expanded 7,100 mt over Weekend

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This is a roundup of China's metals weekly inventory as of July 23.

Jul 23, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 23)

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Shanghai base metals mostly cruised higher on Friday morning amid dovish comments from European Central Bank. Meanwhile, their counterparts on the LME traded mixed.

Jul 23, 2021 10:00

SMM Comments

SMM Morning Comments (Jul 23): Shanghai base metals were mostly higher on dovish ECB comments

Aluminium billet inventories fell 1,200 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 0.9% or 1,200 mt from a week ago to 119,600 mt as of Thursday July 22.

Jul 22, 2021 16:41

Analysis

Aluminium billet inventories fell 1,200 mt on week

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SMM Comments

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Industry

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SMM Comments

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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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Tepid consumption grows aluminium billet stocks

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