Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Aluminium billet inventories extend declines as tax cuts spur purchases

Aluminium billet inventories extend declines as tax cuts spur purchases

Mar 28, 2019 13:52

Source:SMM

Inventories fell 17,000 mt from a week ago to stand at 120,600 mt as of Mar 28

SHANGHAI, Mar 28 (SMM) – Stocks of 6063 aluminium billet across five major consumption areas in China fell for a third straight week this week as the upcoming value-added tax cuts drove downstream consumers to purchase.

As of Thursday March 28, the inventories fell 17,000 mt from a week ago to stand at 120,600 mt, SMM data showed.

Details:

Foshan, Guangdong – 84,600 mt

Wuxi, Jiangsu – 15,300 mt

Changzhou, Jiangsu – 10,500 mt

Huzhou, Zhejiang – 6,000 mt

Nanchang, Jiangxi – 4,200 mt

Inventory data

Aluminium

Primary aluminium

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

For more information on how to access our research reports, please email service.en@smm.cn

This is a roundup of China's metals weekly inventory as of July 2.

Jul 2, 2021 20:00

Analysis

China weekly inventory summary and data wrap (Jul 2)

Primary aluminium inventories shrank 8,000 mt on week

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, decreased 8,000 mt from last Thursday to 954,000 mt as of June 3.

Jun 3, 2021 15:01

Analysis

Primary aluminium inventories shrank 8,000 mt on week

Primary aluminium inventories built up 61,000 mt on week

Social inventories of primary aluminium ingots across eight consumption areas in China, including SHFE warrants, increased 61,000 mt from last Thursday to 775,000 mt as of February 10.

Feb 10, 2021 14:36

Analysis

Primary aluminium inventories built up 61,000 mt on week

Primary aluminium inventories shrank 15,000 mt on week to 669,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 15,000 mt from the prior week to 669,000 mt as of January 21. COVID-induced transport restrictions reduced arrivals of cargoes in Wuxi and Nanhai.

Jan 21, 2021 15:41

Analysis

Primary aluminium inventories shrank 15,000 mt on week to 669,000 mt

Primary aluminium inventories built up 20,000 mt on week

Primary aluminium ingot inventories in China rose this week, showed SMM data.

Jan 14, 2021 16:06

Analysis

Primary aluminium inventories built up 20,000 mt on week

Primary aluminium inventories shrank 3,000 mt on week to 586,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 3,000 mt from the prior week to 586,000 mt as of December 24, and Gongyi and Nanhai mainly contributed to the decline.

Dec 24, 2020 17:40

Analysis

Primary aluminium inventories shrank 3,000 mt on week to 586,000 mt

Primary aluminium inventories shrank 7,000 mt on week

Primary aluminium ingot inventories in China continued to decline this week, showed SMM data.

Dec 17, 2020 16:57

Analysis

Primary aluminium inventories shrank 7,000 mt on week

Primary aluminium inventories shrank 19,000 mt on week to 596,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 19,000 mt from the prior week to 596,000 mt as of November 26.

Nov 26, 2020 17:40

Analysis

Primary aluminium inventories shrank 19,000 mt on week to 596,000 mt

Primary aluminium inventories shrank 25,000 mt on week to 629,000 mt

Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined 25,000 mt from the prior week to 629,000 mt as of November 12.

Nov 12, 2020 14:27

Analysis

Primary aluminium inventories shrank 25,000 mt on week to 629,000 mt

Primary aluminium inventories built up 4,000 mt on week

Primary aluminium ingot inventories in China rose slightly this week, showed SMM data.

Oct 15, 2020 17:20

Analysis

Primary aluminium inventories built up 4,000 mt on week

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

Aluminium billet inventories extend declines as tax cuts spur purchases

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo