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Home / Metal News / Aluminium billet inventories decrease on the week

Aluminium billet inventories decrease on the week

Sep 20, 2018 14:06

Source:SMM

Stocks shrank by 4,900 mt from a week earlier to stand at 116,200 mt as of Thursday Sep 20

SHANGHAI, Sep 20 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China shrank by 4,900 mt from a week earlier to stand at 116,200 mt as of Thursday September 20, SMM data showed. The decline came after five consecutive weeks of increases.

Details:

Foshan, Guangdong – 77,800 mt

Wuxi, Jiangsu – 12,300 mt

Changzhou, Jiangsu – 13,000 mt

Huzhou, Zhejiang – 5,200 mt

Nanchang, Jiangxi – 7,900 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.

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The fall of aluminium prices stimulated processing enterprises to restock. Exports are expected to rise.

Mar 14, 2022 15:18

SMM Insight

The Fall of Aluminium Prices Stimulated Restocking. Exports are Expected to Rise.[SMM Aluminium Downstream Weekly Research]

Silicon Social Inventories Up 2,000 mt on Week

Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port expanded 2,000 mt from the previous week to 42,000 mt as of Friday July 30.

Jul 30, 2021 14:10

Analysis

Silicon Social Inventories Up 2,000 mt on Week

Primary aluminium inventories fell 26,000 mt on week

SMM data showed that China’s social inventories of aluminium across eight consumption areas fell 26,000 mt on the week to 832,000 mt as of June 24, mainly due to the decline in Wuxi and Hainan.

Jul 15, 2021 18:00

Analysis

Primary aluminium inventories fell 26,000 mt on week

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

Zinc social inventories expanded 1,700 mt over weekend

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei increased 1,700 mt from last Friday July 9 to 122,000 mt as of Monday July 12. The stocks were up 6,200 mt from July 5.

Jul 12, 2021 17:00

Analysis

Zinc social inventories expanded 1,700 mt over weekend

Shanghai bonded copper stocks rose 4,200 mt on week

SMM data showed that the stocks rose 4,200 mt from the prior week to 439,800 mt as of Friday July 9.

Jul 9, 2021 17:53

Analysis

Shanghai bonded copper stocks rose 4,200 mt on week

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)

SMM Evening Comments (Jun 23): Shanghai nonferrous metals closed mostly higher ahead of PMI data

SHFE nonferrous metals broadly rose for the most part on Wednesday June 23 with investors awaiting key Purchasing Managers' Indexes from the euro zone.

Jun 23, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 23): Shanghai nonferrous metals closed mostly higher ahead of PMI data

SMM Evening Comments (Jun 22): Shanghai nonferrous metals rose across the board, nickel advanced 3.58%

SHFE nonferrous metals broadly closed higher across the board on Tuesday June 22, triggered by the Fed's updated inflation projections and a shortening of its interest rate hike schedule.

Jun 22, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 22): Shanghai nonferrous metals rose across the board, nickel advanced 3.58%

SMM Evening Comments (Jun 21): Shanghai nonferrous metals declined for the most part, lead climbed 1.95%

SHFE nonferrous metals broadly fell on Monday June 21, following jitters in global markets over the more hawkish tone from the US Federal Reserve last week.

Jun 21, 2021 18:00

SMM Comments

SMM Evening Comments (Jun 21): Shanghai nonferrous metals declined for the most part, lead climbed 1.95%

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Aluminium billet inventories decrease on the week

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