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Home / Metal News / Smaller arrivals lower stocks of aluminium billet on week

Smaller arrivals lower stocks of aluminium billet on week

Feb 28, 2019 11:39

Source:SMM

As of Thursday Feb 28, inventories fell about 17,800 mt from a week ago to stand at 146,700 mt

SHANGHAI, Feb 28 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China extended their decline this week as fewer cargoes arrived at warehouses.

As of Thursday February 28, inventories fell about 17,800 mt from a week ago to stand at 146,700 mt, SMM data showed. This came after the stocks shrank 4,800 mt week on week on Thursday February 21.

Details:

Foshan, Guangdong – 82,500 mt

Wuxi, Jiangsu – 27,400 mt

Changzhou, Jiangsu – 22,000 mt

Huzhou, Zhejiang – 6,000 mt

Nanchang, Jiangxi – 10,800 mt

Inventory data

Aluminium billet

For queries, please contact William Gu at williamgu@smm.cn

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The outbound volume of the aluminium billet rose by 800 mt to 48,300 mt last week, an increase of 1.6%. Aluminium prices fluctuated at high levels, and downstream users were less willing to purchase.

Jul 15, 2021 18:00

Analysis

Aluminium billet inventories fell to 120,800 mt on week

Aluminium billet inventories dropped 3,500 mt on week

The outbound volume of the aluminium billet dropped by 6,800 mt to 38,300 mt last week, a decrease of 15%.

Jun 24, 2021 15:05

Analysis

Aluminium billet inventories dropped 3,500 mt on week

Aluminium billet inventories fell 2,500 mt on week

SMM data showed that aluminium billet stocks across the five major consumption areas — Foshan, Wuxi, Huzhou, Changzhou and Nanchang — in China decreased 1.5% or 2,500 mt from a week ago to 162,800 mt as of Thursday April 22.

Apr 22, 2021 14:21

Analysis

Aluminium billet inventories fell 2,500 mt on week

Aluminium billet inventories shrank 4,300 mt to193,800 mt

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China dropped 4,300 mt from the previous week to 193,800 mt as of Apr 1.

Apr 1, 2021 16:12

Analysis

Aluminium billet inventories shrank 4,300 mt to193,800 mt

Aluminium billet inventories fell 9,400 mt on week on smaller arrivals

SMM data showed that stocks of 6063 aluminium billet across the five major consumption areas – Foshan, Wuxi, Huzhou, Changzhou and Nanchang – in China fell 9,400 mt from a week ago to 60,000 mt as of Thursday August 20.

Aug 20, 2020 15:01

Analysis

Aluminium billet inventories fell 9,400 mt on week on smaller arrivals

China copper inventory grew for four straight weeks

Copper inventories in three major consumption areas in China extended their increases last week, albeit at a slower pace.

Jul 27, 2020 11:23

Analysis

China copper inventory grew for four straight weeks

Zinc social inventories fell below 200,000 mt

Zinc inventories in China continued to fall this week, primarily propelled by a sharp decline in Shanghai where inflows were affected by heavy rain and floods while outflows were supported by dip-purchases by downstream consumers.

Jul 24, 2020 16:04

Analysis

Zinc social inventories fell below 200,000 mt

Shanghai bonded nickel stocks unchanged amid import losses

Inventories of refined nickel in the Shanghai bonded areas were unchanged from a week ago at 17,300 mt as of Friday July 24, showed SMM data.

Jul 24, 2020 15:11

Analysis

Shanghai bonded nickel stocks unchanged amid import losses

Aluminium billet inventories rose after two weeks of decline

Inventories of aluminium billet in China edged higher this week, following after two straight weeks of decline, as arrivals increased while shipments from warehouses shrank.

Jul 23, 2020 15:17

Analysis

Aluminium billet inventories rose after two weeks of decline

Aluminium billet inventories fell for the second straight week

Inventories of aluminium billet in China have declined for the second consecutive week as of July 16 as arrivals were limited and deliveries remained at high levels.

Jul 16, 2020 15:32

Analysis

Aluminium billet inventories fell for the second straight week

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Smaller arrivals lower stocks of aluminium billet on week

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 (20th) SMM Copper Industry Conference and Expo