Downstream purchases lower aluminium billet inventories

Published: Nov 1, 2018 13:45
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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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