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Home / Metal News / Higher consumption, limited arrivals lower aluminium billet inventories

Higher consumption, limited arrivals lower aluminium billet inventories

Mar 14, 2019 16:09

Source:SMM

A buildup of 3,300 mt in Foshan, Guangdong province capped overall declines

SHANGHAI, Mar 14 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China declined this week as consumption picked up and arrivals remained limited.

As of Thursday March 14, inventories lost 6,500 mt from a week ago to stand at 144,500 mt, SMM data showed. This came after an increase of 4,300 mt in the week ended Thursday March 7.

This week, a buildup of 3,300 mt in Foshan, Guangdong province capped the overall decline.

Details:

Foshan, Guangdong – 91,900 mt

Wuxi, Jiangsu – 21,100 mt

Changzhou, Jiangsu – 19,000 mt

Huzhou, Zhejiang – 5,000 mt

Nanchang, Jiangxi – 7,500 mt

Inventory data

Aluminium billet

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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Analysis

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Jul 15, 2021 18:00

Analysis

Primary aluminium inventories fell 26,000 mt on week

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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

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Jul 12, 2021 17:00

Analysis

Zinc social inventories expanded 1,700 mt over weekend

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Jul 9, 2021 17:53

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China weekly inventory summary and data wrap (Jul 9)

This is a roundup of China's metals weekly inventory as of July 9.

Jul 9, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 9)

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 fell 1,500 mt on week on smaller arrivals

Inventories of aluminium billet in China decreased this week due to a decline in arrivals at warehouses.

Dec 31, 2020 16:15

Analysis

Aluminium billet inventories fell 1,500 mt on week on smaller arrivals

Zinc social inventories shrank 1,600 mt over weekend

Zinc inventories in China fell over the weekend, primarily propelled by a decrease in Shanghai and Guangdong.

Dec 7, 2020 14:13

Analysis

Zinc social inventories shrank 1,600 mt over weekend

Aluminium billet inventories fell in China on greater shipments in the east

Inventories in Wuxi, Changzhou and Nanchang fell week on week, while stocks in Foshan and Huzhou accumulated, with Foshan saw a bigger rebound.

Jul 9, 2020 15:45

Analysis

Aluminium billet inventories fell in China on greater shipments in the east

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Higher consumption, limited arrivals lower aluminium billet inventories

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025