Inventories of aluminium billet nudge up on week

Published: Mar 7, 2019 11:01
This came after smaller arrivals lowered stocks by 17,800 mt week on week on Feb 28

SHANGHAI, Mar 7 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China expanded this week with varying consumption in markets. 

As of Thursday March 7, inventories accumulated 4,300 mt from a week ago to stand at 151,000 mt, SMM data showed. This came after smaller arrivals lowered stocks by 17,800 mt week on week on Thursday February 28

Details:

Foshan, Guangdong – 88,600 mt

Wuxi, Jiangsu – 25,000 mt

Changzhou, Jiangsu – 22,000 mt

Huzhou, Zhejiang – 10,000 mt

Nanchang, Jiangxi – 5,400 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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