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Aluminium billet stocks grow with slow demand, new port inclusion

iconOct 11, 2018 11:17
Source:SMM
Stocks of 6063 aluminium billet across five major consumption areas increased 12,500 mt from Monday to 152,000 mt as of Oct 11

SHANGHAI, Oct 11 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China increased some 12,500 mt from Monday October 8 to stand at 152,000 mt as of Thursday October 11, SMM data showed. 

Tepid downstream purchases slightly grew inventories. Nantuo port in Foshan, Guangdong province was a new inclusion in SMM data, and this also accounted for the increase.  

Details:

Foshan, Guangdong – 88,100 mt

Wuxi, Jiangsu – 21,500 mt

Changzhou, Jiangsu – 18,000 mt

Huzhou, Zhejiang – 12,200 mt

Nanchang, Jiangxi – 12,200 mt

Inventory data
Aluminium billet

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