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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

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Industry

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Analysis

Aluminium billet inventories fell to 120,800 mt on week

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Downstream purchases lower aluminium billet inventories

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit