Slow consumption grows aluminium billet inventories on week

Published: Nov 29, 2018 11:53

Save

Inventories gained some 3,400 mt over the week ended Thursday Nov 29 to stand at 121,000 mt

SHANGHAI, Nov 29 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China increased some 3,400 mt over the week ended Thursday November 29 to stand at 121,000 mt, SMM data showed.

Weak downstream demand on the week accounted for the increase, SMM learned.

Details:

Foshan, Guangdong – 69,200 mt

Wuxi, Jiangsu – 17,500 mt

Changzhou, Jiangsu – 13,000 mt

Huzhou, Zhejiang – 3,500 mt

Nanchang, Jiangxi – 17,800 mt

Inventory data Aluminium billet

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

8 mins ago

Overseas Primary Aluminum Spot Market Remains Soft as Downstream Demand Stays Weak [SMM Analysis]

8 mins ago

43 mins ago

ADC12 Market Prices Rise 150 Yuan/MT Amid Cost Pressures and Limited Imports

[SMM Aluminum Alloy Daily Review] ADC12 market quotes were broadly raised today, with the SMM ADC12 price up 150 yuan/mt from the previous trading day to 24,500 yuan/mt. Cost side, recent stricter enforcement of tax invoice policies has increased enterprises' reliance on purchasing invoiced raw materials, while invoiced supply is limited and priced at a premium, driving up both raw material procurement and invoice-related cost pressure. On the import side, imported ADC12 offers remained at $3,100–3,200/mt. With a stronger exchange rate and higher domestic prices, import break-even margins have narrowed to near the break-even line. Attention will focus on whether imported supply can effectively replenish the market.

43 mins ago

3 hours ago

China's Alumina Exports Hit 430,000 Tons in August 2026, Up 138% YoY

According to data from the General Administration of Customs, in August 2026, China exported 430,000 tons of alumina, up 41% month-on-month and 138% year-on-year; from January to August 2026, cumulative exports reached 2.34 million tons.

3 hours ago