Greater deliveries lower aluminium billet inventories on week

Published: Dec 6, 2018 11:38
Stocks of 6063 aluminium billet dipped some 3,100 mt over the week ended Thursday Dec 6 to stand at 117,900 mt

SHANGHAI, Dec 6 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China dipped some 3,100 mt over the week ended Thursday December 6 to stand at 117,900 mt, SMM data showed.

Deliveries from warehouses picked up after a decline, SMM learned. This came after slow downstream demand grew stocks by 3,400 mt last week

Details:

Foshan, Guangdong – 67,400 mt

Wuxi, Jiangsu – 13,900 mt

Changzhou, Jiangsu – 12,600 mt

Huzhou, Zhejiang – 6,500 mt

Nanchang, Jiangxi – 17,500 m

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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Greater deliveries lower aluminium billet inventories on week - Shanghai Metals Market (SMM)