Limited arrivals lower aluminium billet stocks

Published: Jan 17, 2019 15:58
Stocks shrank some 8,800 mt over the week ended Thursday Jan 17 to stand at 80,700 mt

SHANGHAI, Jan 17 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China shrank some 8,800 mt over the week ended Thursday January 17 to stand at 80,700 mt, SMM data showed. Smaller arrivals at warehouses accounted for the decline. 

Details:

Foshan, Guangdong – 46,900 mt

Wuxi, Jiangsu – 11,200 mt

Changzhou, Jiangsu – 11,000 mt

Huzhou, Zhejiang – 4,400 mt

Nanchang, Jiangxi – 7,200 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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Limited arrivals lower aluminium billet stocks - Shanghai Metals Market (SMM)