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Home / Metal News / Downstream purchases lower aluminium billet inventories

Downstream purchases lower aluminium billet inventories

Nov 1, 2018 13:45

Source:SMM

Stocks across five major consumption areas fell by some 2,400 mt over the week ended Nov 1 to stand at 141,100 mt

SHANGHAI, Nov 1 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China decreased by some 2,400 mt over the week ended Thursday November 1 to stand at 141,100 mt, SMM data showed.

Details:

Foshan, Guangdong – 72,900 mt

Wuxi, Jiangsu – 21,200 mt

Changzhou, Jiangsu – 17,000 mt

Huzhou, Zhejiang – 12,700 mt

Nanchang, Jiangxi – 17,300 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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SMM Insight

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

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SMM Comments

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Downstream purchases lower aluminium billet inventories

SMM Events & Webinars

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025

AICE 2025 SMM (14th) Aluminum Industry Annual Conference