Weaker demand grows aluminium billet stocks

Published: Dec 27, 2018 10:12

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Stocks expanded 1,400 mt over the week ended Thursday Dec 27 to stand at 11,000 mt

SHANGHAI, Dec 27 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China expanded 1,400 mt over the week ended Thursday December 27 to stand at 11,000 mt, SMM data showed.

Weaker demand accounted for gains in billet stocks.

Details:

Foshan, Guangdong – 62,400 mt

Wuxi, Jiangsu – 15,600 mt

Changzhou, Jiangsu – 13,500 mt

Huzhou, Zhejiang – 6,800 mt

Nanchang, Jiangxi – 11,700 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 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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